# Token Flow

<figure><img src="https://1838495634-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FuQqfnSZUSHvj0FdEt8I8%2Fuploads%2FaiPdPks7cMQJy214gf0T%2FPT-sUSDe%20May25%20Token%20Flow.png?alt=media&#x26;token=0f36cd1d-c5c9-4785-bf9d-dccecf936d6e" alt=""><figcaption><p>Fig 28. Displaying the user flow for earning yield and Ori Points with the PT-sUSDe-Mar 2025 7x vault.</p></figcaption></figure>

1. Users deposit PT-sUSDe into the PT-sUSDe-May 2025 7x vault for shares
2. Users burn their shares of PT-sUSDe-May 2025 7x for PT-sUSDe when exiting
3. PT-sUSDe-May 2025 7x deploys to Pendle Finance by holding PT-sUSDe reserves
4. PT-sUSDe-May 2025 7x vault borrows DAI to swap into PT-sUSDe for 7x Effective Exposure
5. PT-sUSDe-May 2025 7x vault supplies PT-sUSDe to the [Morpho LP (91.5% LLTV Pool)](https://app.morpho.org/ethereum/market/0x407d8c123443d362ffdfe73208068ef158a21d1a44a988c9acc23a51bade7905/pt-susde-29may2025-dai)
6. PT-sUSDe-May 2025 7x vault farms
   1. Native yield
   2. Ori Points at 30x (Season 3 Campaign)&#x20;
7. Rebalancing down triggers the PT-sUSDe-May 2025 7x vault to borrow more DAI using flashloans
8. Rebalancing up sells PT-sUSDe into DAI to pay down debt owed to the Aave pool