As @FalconStable is about to launch BN, let's take a look back at this project that has been followed for quite a while.

At the end of March this year, a group friend and @EnHeng456 both called me to deposit falcon. After discovering it was a project of DWF itself, I rushed in with hundreds of thousands of U and locked it for three months.

In the early days, I didn't dare to gamble without understanding the yt points calculation, which is quite regrettable. It wasn't until early August that I bought into yt. Even though I entered the market late, the returns from yt are still very impressive. Excluding the USDf income itself, based on a 2b valuation of 60u for 1m points, the returns are at least 5-10x, far exceeding my early deposit income expectations.

And by selling the susdf yt before the expiration of the last period, it can recover 35% of the yt residual value, making it one of the most profitable yts in Pendle's history.

@buidlpad bought 20 winning tickets for the new project, cost 80u, invested 117u, if it opens at 2b, will gain a single ticket return of 320u, a 260% return.

Overall, the expected annualized income on all principal is around 50%, and the opening should at least look at 2b or more.

DWF's operation can maintain a stable large market value for a long time without much issue. After some consideration, I've decided to continue betting on the second phase.

Currently betting on the next airdrop, checking the allocation status on-chain $FF , the next airdrop may be around 2.5% - 5%, and I have already bought long-term susdf's yt, while depositing over a million u to participate in the LP of usdf and usdt.

Wish me luck.