Stage 3 of Almanak Points Season 1 has started I’m now fully focused on the new Pendle YT-alUSD pool Let me explain why 👇 The previous pool stopped earning points on October 22 Around 90% of the total TVL left the system, which means active farmers in the new pool now share a much larger portion of the 333,333 points emitted daily (about 16.3M total for Stage 3) Why YT-alUSD is the option rn: It carries the highest 5x multiplier and combines Pendle yield with Almanak Points farming. With fewer participants and unchanged emissions, each YT position now captures a significantly higher share of rewards before TGE Stage 3 multipliers: > YT-alUSD → 5x > SY-alUSD → 1.5x > Curve LPs → 3x > Vaults → 1x > alUSD as collateral for borrowing → +1.5x > USDC supplied to borrow alUSD → +0.75x The breakeven valuation for YT-alUSD is now around $77M FDV, while the Legion round closed at $90M FDV and was oversubscribed by 400% If @almanak maintains TVL above $170M, a $250M+ FDV at listing is realistic 🤔 How to farm: > Go to the website and deposit $USDC into Vaults to mint alUSD > Move to Pendle and open the new YT-alUSD market > Swap alUSD for YT-alUSD and provide liquidity to start earning both yield and 5x Almanak Points Alternative options exist for SY-alUSD (1.5x, ~4.6% APY), Curve LPs (3x, ~10% APY), and Vaults (1x, ~12% APY). But YT-alUSD remains the main opportunity with the best ratio of points and yield 📆 Stage 3 will run until December, so hurry up to earn more points More details about Stage 3 here: Check the previous post about Almanak here: ------------------------ 💙 Don't miss any updates 👇