FIVA
  • FIVA Overview
    • Introduction
    • Problem & Solution
    • Importance to the Space
  • FIVA Mechanics
    • Glossary
    • Understanding the Basics
    • Security
    • Protocol Components
      • SY (Standardized Yield Token)
      • Yield Stripping
      • PT (Principal Token)
      • YT (Yield Token)
      • FIVA's AMM Design
    • FAQ
  • FIVA Manual
    • Getting Started
    • Use Cases
    • PT - Fixing Yield
    • YT - Leveraged Yield Farming
    • LP - Liquidity Provision
    • Mint - Get Liquidity from Future Yields Today
    • Arbitrage Opportunities
  • FIVA Strategies
    • EVAA
      • PT - Fixed USDT Yield
      • YT - EVAA Point Farming with up to 250x Multiplier
      • LP - Enhancing Your EVAA Returns
      • Mint - Get you Future USDT Yield now
    • Tonstakers
      • LP - Enhancing Your Tonstakers Returns
    • Storm Trade
      • PT - Fixed Yield on SLP
      • YT - Efficient Reward & Yield Farming on Storm
      • LP - Maximizing Returns from Storm Vaults
      • Max Supply - Determination Framework for Storm SLP Market
  • FIVA Rewards
    • FIVA Pioneers Campaign
    • The Points System
    • Genesis Pass Collection
  • Links
    • Website
    • Telegram App
    • Telegram Channel
    • X (Twitter)
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On this page
  • Why Consider Minting EVAA Positions?
  • How Minting Works with EVAA
  • Step-by-Step Guide
  • Important Considerations
  • Summary
  1. FIVA Strategies
  2. EVAA

Mint - Get you Future USDT Yield now

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Last updated 9 days ago

Why Consider Minting EVAA Positions?

As an EVAA depositor, you might sometimes need immediate access to your future yields rather than waiting for them to accumulate. FIVA's minting feature lets you monetize these future EVAA yields immediately while maintaining your principal position.

For example, if you hold 100,000 USDT in EVAA earning 7% APY, you're set to earn 7,000 USDT over the year. Instead of waiting, you can access a significant portion of this future yield right now by minting and selling YT tokens, while keeping your principal secure in PT tokens.

How Minting Works with EVAA

Minting separates your EVAA deposit into two components:

  1. Principal Tokens (PT) - representing your initial USDT investment

  2. Yield Tokens (YT) - representing future EVAA yields

By selling the YT portion, you effectively trade your future yields for immediate liquidity, while maintaining your principal position through PT tokens until maturity.

Step-by-Step Guide

  1. Visit FIVA's market section and select EVAA USDT

  1. Navigate to the mint section

  2. Mint PT and YT tokens from your EVAA deposit

  1. Sell the YT tokens in the market for immediate liquidity

  1. Hold PT tokens until maturity

  2. Track your position in the dashboard

Your PT tokens will remain locked until maturity, though early exit is possible through market trades if needed.

Important Considerations

  • PT tokens must be held until maturity for guaranteed principal return

  • Early exit is possible but subject to market rates

  • The amount received for YT tokens depends on market expectations of future EVAA yields

  • When you sell YT tokens, you're giving up EVAA point farming capability

  • Position tracking available through FIVA dashboard

Summary

FIVA's minting feature provides a unique way to access your future EVAA yields today rather than waiting. While this use case might not be appropriate for those seeking to maximize EVAA points, it offers valuable flexibility for users who need immediate liquidity without sacrificing their principal position.

This approach allows you to effectively "fast forward" your yield earnings, trading future returns for current liquidity while your principal remains safely invested.