As I was knitting the blanket, I was envisioning a slouchy hat using this stitch.

4 strands fingering weight in the round
Size 8 and 10 needles
Cast on 50
Work 6 rows in pattern on smaller needles.
Change to larger needles and knit until length = 8”
K2tog until 7 stitches remain.
Thread end through remaining sets 3 times and clip close to work. Finish with pompon.

104g