CO 80 stitches provisionally, knit 4 rounds, one eyelet round, then 4 more knit & finally connect with the provisional CO.

Alternate two yarns, two rounds each time. I started the decreases at about 6”.

Not sure how much yarn I had to begin with, but I used up both small balls of yarn by making a pom pom with the little bit that was left.

The picot edge wants to flip up - a little stem may help.