Ethena Airdrop - page 2. | Bitcointalksearch.org

tvplus006

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Quote from: cryptoaddictchie on April 08, 2024, 10:57:12 AM

...It seems that there is a primary utility of ena now just seen a tweet that locked ena can gain 50% sats have you seen that? I think if staking protocol can be good like theres reward for staking or locking aside from the locked sat...

Yes, today on Ethena.fi has opened a new $800 million pool that allows ENA staking with a maximum multiplier of x30. But I think that by the time we receive our ENA after the end of launchpool Bybit, this pool on Ethena will be completely filled.

cryptoaddictchie

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Quote from: nelson4lov on April 08, 2024, 09:19:04 AM

There's sUSDe, USDe and ENA in the ethena ecosystem now. The fact that the price keeps climbing higher despite the amount of fud that USDe is getting due to its similarities with UST, the Terra Luna stablecoin is interesting to watch and see how it plays out.

You think this could go wild on bull run like $10 price per token? It seems that there is a primary utility of ena now just seen a tweet that locked ena can gain 50% sats have you seen that? I think if staking protocol can be good like theres reward for staking or locking aside from the locked sat.

Anyway still hoping for the fixed on their airdrop miscalculation if we comoute thats 20% bigger or loss.

Phoenixtrader

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Quote from: batang_bitcoin on April 08, 2024, 08:25:16 AM

Quote from: Phoenixtrader on April 07, 2024, 10:15:32 PM

You could also farm ENA on Bitget launchpool, you could either stake BGB or USDE & this is ending on the 12th i think..https://bitperfect.pe/en/bitget-announces-listing-of-ethena-ena-token-on-launchpool/

Maybe after farming with Bybit, I'll transfer my funds there and will farm it with USDE but I have to convert my USDT. What's the USDE as there's two with cmc, the Ethena USDe and the USDE alone?

Quote from: nelson4lov on April 07, 2024, 06:59:09 PM

For anyone that got a really good sized ENA, bag, congratulations on the price increase! Ansem and Cobie isn't going to let their angel bags dip so much.

Just like OP, he's holding a lot of it and getting 100 ENA per day means a lot that he's got a lot. Grin

There'll still be time.. you could just send USDT to Bitget and covert it to USDE( USDT/USDE) and farm. I sent a link earlier here. https://bitcointalksearch.org/topic/m.63917819. that should help

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Quote from: cryptoaddictchie on April 08, 2024, 05:03:32 AM

Quote from: nelson4lov on April 07, 2024, 06:59:09 PM

For anyone that got a really good sized ENA, bag, congratulations on the price increase! Ansem and Cobie isn't going to let their angel bags dip so much.

So cobie holds ena? Sounds pretty reassuring that we have a whale holder and hope thry dont dispose their bags from airdrops and make it moon.

Yes yes, Ansem and Cobie are angel investors in Ethena so I'm sure they're committed to ensuring their bags grow insanely. If you don't know Ansem, he is the main character in the whole WIF saga.

At $1.3, ENA currently trades at $19.5B FDV as it has 15B token supply. That's insane especially now that everybody knows that ENA has no real utility (yet).

There's sUSDe, USDe and ENA in the ethena ecosystem now. The fact that the price keeps climbing higher despite the amount of fud that USDe is getting due to its similarities with UST, the Terra Luna stablecoin is interesting to watch and see how it plays out.

batang_bitcoin

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Quote from: Phoenixtrader on April 07, 2024, 10:15:32 PM

You could also farm ENA on Bitget launchpool, you could either stake BGB or USDE & this is ending on the 12th i think..https://bitperfect.pe/en/bitget-announces-listing-of-ethena-ena-token-on-launchpool/

Maybe after farming with Bybit, I'll transfer my funds there and will farm it with USDE but I have to convert my USDT. What's the USDE as there's two with cmc, the Ethena USDe and the USDE alone?

Quote from: nelson4lov on April 07, 2024, 06:59:09 PM

For anyone that got a really good sized ENA, bag, congratulations on the price increase! Ansem and Cobie isn't going to let their angel bags dip so much.

Just like OP, he's holding a lot of it and getting 100 ENA per day means a lot that he's got a lot. Grin

Phoenixtrader

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Quote from: cryptoaddictchie on April 08, 2024, 05:03:32 AM

Quote from: nelson4lov on April 07, 2024, 06:59:09 PM

For anyone that got a really good sized ENA, bag, congratulations on the price increase! Ansem and Cobie isn't going to let their angel bags dip so much.

So cobie holds ena? Sounds pretty reassuring that we have a whale holder and hope thry dont dispose their bags from airdrops and make it moon.

Quote from: Phoenixtrader on April 07, 2024, 10:15:32 PM

You could also farm ENA on Bitget launchpool, you could either stake BGB or USDE & this is ending on the 12th i think..https://bitperfect.pe/en/bitget-announces-listing-of-ethena-ena-token-on-launchpool/

Thanks for the heads up. Im not really using but can I ask if its a good exchange too? It seems that they are launching longer than bybit. By the way could we use ena or only for bgb and usde? I cant remove my usde as Im still using it on farming sats for the 2nd season.

Yeah it's a good exchange. Just saw an analysis on X placing them as the top cex with spot trading vol in Q1 2024. Yeah. Their launchpool started on the 2nd, and will run through till on the 12. You can use either USDE or BGB to farm Ena. Here's how to get started if you fancy. https://www.bitget.com/earning/launchpool

cryptoaddictchie

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Quote from: nelson4lov on April 07, 2024, 06:59:09 PM

For anyone that got a really good sized ENA, bag, congratulations on the price increase! Ansem and Cobie isn't going to let their angel bags dip so much.

So cobie holds ena? Sounds pretty reassuring that we have a whale holder and hope thry dont dispose their bags from airdrops and make it moon.

Quote from: Phoenixtrader on April 07, 2024, 10:15:32 PM

You could also farm ENA on Bitget launchpool, you could either stake BGB or USDE & this is ending on the 12th i think..https://bitperfect.pe/en/bitget-announces-listing-of-ethena-ena-token-on-launchpool/

Thanks for the heads up. Im not really using but can I ask if its a good exchange too? It seems that they are launching longer than bybit. By the way could we use ena or only for bgb and usde? I cant remove my usde as Im still using it on farming sats for the 2nd season.

Phoenixtrader

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Quote from: Wapfika on March 31, 2024, 06:22:40 AM

Quote from: cryptoaddictchie on March 29, 2024, 06:41:06 AM

Yes you are right. Probably most tokens got listed on launchpool do a solid move but what do you think the potential of ena in terms of its current valuation. The supply is quite huge and their intitial circulation will be 1.4B at current price of 0.7 their estimate markercap valuation is at 1b. Do you think this could do another 3x or 5x marketcap? Plus all supply will be coming from airdrop and launchpool there is a 2.5% probably liquidty.

Is this token already traded on DEX? How can you determine the current price because there’s no info about exchange for this token.

I farm this token on Binance Launchpool yesterday. I think I’m already late but still it’s a sweet profit if ever that 0.7$ is the current price since I already accumulate more than 100ENA tokens using all my FDUSD savings. I don’t have any idea how huge this project is but I’m confident that mining it will payoff.

What’s the best way to farm it aside from Binance pool? I’m currently loaded with Stablecoins from my crypto savings since last 3 years.

You could also farm ENA on Bitget launchpool, you could either stake BGB or USDE & this is ending on the 12th i think..https://bitperfect.pe/en/bitget-announces-listing-of-ethena-ena-token-on-launchpool/

nelson4lov

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I'm asking once again. For anyone considering taking part in the second season of ethena sats campaign. Are Y'all considering getting into some YT plays? Because I'm not sure that the $5B threshold will be reached anytime soon so the 5 months schedule will play out and if that's the case, YT-USDe might actually be the best way to play it.

My question is if anyone has tried out the Yt-USDe pool market on Mantle Mainnet. If yes, how are the sats returns? Are they any good?

For anyone that got a really good sized ENA, bag, congratulations on the price increase! Ansem and Cobie isn't going to let their angel bags dip so much.

tvplus006

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Quote from: cryptoaddictchie on April 07, 2024, 03:09:11 AM

Ive seen the progress of the daily yield from launchpool not bad I could say and its giving me 100 tokens of ena daily. I think bybit is good platform for launchpool like Binance especially when binance was banned on our country we need some replacement for that. By the way mate have you received additional 20% from ethena airdrop? It seems they only given to some users probably top 2k wallets.

Yes, the pool brings high profitability not only for ENA, but also for the USDT stablecoin, which also allows you to farm ENA. But this happens unfortunately not often on Bybit and such launchpool bring much less profit. No, I did not receive any additional ENA coins. It is possible that this is not a bonus, but the first unblocking of blocked coins for the largest wallets.

batang_bitcoin

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Quote from: cryptoaddictchie on April 07, 2024, 12:41:19 PM

Quote from: batang_bitcoin on April 07, 2024, 07:55:36 AM

LOL, I've already seen how much I've got with the few hundred USDT that I am able to stake. Not bad at all when that gain will be until the deadline. I am not expecting at all since I don't baghold ethena but you know what? free money is free money, right? An additional to the USDT that I have when I will claim the reward from this staking.

Well it depends also I am staking ena to earn ena not usdt. I joined on their launcpool with maximum ena that can be joined which is like 5k tokens not sure if VIP level can stake more or 5k tokens are fixed. Giving me roughly 100ena more or less.

Nice, you surely get the maximum with that and that's a lot of money that you're getting daily. And staking with ena is giving more and double staking reward than USDT. Just a few days left until the farming of ena ends on bybit and that's certainly free money for all and those that have staked a maximum amount of ena that gives more percentage from the very percentage are surely happy with it and so I am and was able to stake before it ends.

cryptoaddictchie

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Quote from: batang_bitcoin on April 07, 2024, 07:55:36 AM

LOL, I've already seen how much I've got with the few hundred USDT that I am able to stake. Not bad at all when that gain will be until the deadline. I am not expecting at all since I don't baghold ethena but you know what? free money is free money, right? An additional to the USDT that I have when I will claim the reward from this staking.

Well it depends also I am staking ena to earn ena not usdt. I joined on their launcpool with maximum ena that can be joined which is like 5k tokens not sure if VIP level can stake more or 5k tokens are fixed. Giving me roughly 100ena more or less.

Quote from: cryptoaddictchie on April 07, 2024, 03:09:11 AM

Mate, how much you've got staked when you're receiving that lot ena?

Is this on bybit or on ethena platform? Ive given you answer if its bybit staking but for ena Im using usde but cant divulge it how much Id locked. But givung you an estimate couple of thousands usde.

batang_bitcoin

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LOL, I've already seen how much I've got with the few hundred USDT that I am able to stake. Not bad at all when that gain will be until the deadline. I am not expecting at all since I don't baghold ethena but you know what? free money is free money, right? An additional to the USDT that I have when I will claim the reward from this staking.

Quote from: cryptoaddictchie on April 07, 2024, 03:09:11 AM

Ive seen the progress of the daily yield from launchpool not bad I could say and its giving me 100 tokens of ena daily. I think bybit is good platform for launchpool like Binance especially when binance was banned on our country we need some replacement for that. By the way mate have you received additional 20% from ethena airdrop? It seems they only given to some users probably top 2k wallets.

Mate, how much you've got staked when you're receiving that lot ena?

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Quote from: tvplus006 on April 05, 2024, 05:04:42 AM

The coins will be credited on the exchange after a full day and you can see the profit here - https://www.bybit.com/ru-RU/trade/spot/launchpool/stake-records
On website where i was additional to claim ENA coin, now there is no new accruals of ENA, but here appear 3,408.28 QWAN for amount $21.87. I do not know what these coins are credited for, but I would like them to be credited daily)

Ive seen the progress of the daily yield from launchpool not bad I could say and its giving me 100 tokens of ena daily. I think bybit is good platform for launchpool like Binance especially when binance was banned on our country we need some replacement for that. By the way mate have you received additional 20% from ethena airdrop? It seems they only given to some users probably top 2k wallets.

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Quote from: cryptoaddictchie on April 05, 2024, 04:20:47 AM

Actually yes. Doing farming ethena is quite good for a spare stablecoin parking on your wallet. Btw mate Its my first time joining launchpool on bybit, does reward accrued daily for the pool or does it give tokens in the end. Didnt see any token reward yet on the staking dashboard. I think ena may experience sideways but definitely will go to $ 3 or more when the btc volatility stops.

Ive read on discord that many have received 20% additional for the allocation why I didnt received yet or does it mean not all will chamge or adjust allocation?

The coins will be credited on the exchange after a full day and you can see the profit here - https://www.bybit.com/ru-RU/trade/spot/launchpool/stake-records
On website where i was additional to claim ENA coin, now there is no new accruals of ENA, but here appear 3,408.28 QWAN for amount $21.87. I do not know what these coins are credited for, but I would like them to be credited daily)

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Quote from: tvplus006 on April 04, 2024, 01:07:52 PM

I'm already in the second season) Of course, there are concerns about such a rapid increase in the number of participants, which increased by 30% in just 1 day, as this may affect the size of the airdrop. Nevertheless, this is by far the best offer for the pharming of stablecoin.

Actually yes. Doing farming ethena is quite good for a spare stablecoin parking on your wallet. Btw mate Its my first time joining launchpool on bybit, does reward accrued daily for the pool or does it give tokens in the end. Didnt see any token reward yet on the staking dashboard. I think ena may experience sideways but definitely will go to $ 3 or more when the btc volatility stops.

Ive read on discord that many have received 20% additional for the allocation why I didnt received yet or does it mean not all will chamge or adjust allocation?

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Quote from: tvplus006 on April 04, 2024, 05:36:09 PM

Quote from: batang_bitcoin on April 04, 2024, 04:44:21 PM

...I've got a question it says that 400%+ for farming it with USDT and 800%+ with ENA. Are they for the period given by bybit or it's gonna be divided for an annual return? I'm quite new with bybit.

This indicates the annual return and means that you will receive about 1.5% for each day on your deposit, i.e. as much as traditional banks pay their investors per year. But you should understand that the amount of profitability will be less if the price of the ENA coin decreases in price and, accordingly, on the contrary, if the price of the coin increases in price, then you will get even more profit.

I understand it now, and thanks. I guess that after the release of the rewards of farming ENA on this staking will definitely see such a drop as everyone who has received it will start to sell and dump it for money. I was playing numbers on my mind as if I've staked a huge amount but no, it's a small portion of my holdings that I've kept and I just don't want to miss this opportunity.

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Quote from: batang_bitcoin on April 04, 2024, 04:44:21 PM

...I've got a question it says that 400%+ for farming it with USDT and 800%+ with ENA. Are they for the period given by bybit or it's gonna be divided for an annual return? I'm quite new with bybit.

This indicates the annual return and means that you will receive about 1.5% for each day on your deposit, i.e. as much as traditional banks pay their investors per year. But you should understand that the amount of profitability will be less if the price of the ENA coin decreases in price and, accordingly, on the contrary, if the price of the coin increases in price, then you will get even more profit.

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Quote from: batang_bitcoin on April 02, 2024, 07:20:46 PM

Quote from: nelson4lov on April 02, 2024, 06:55:42 PM

If you're scared about using ENA tokens to farm more ENA tokens, you can use stablecoins — USDT is usually used during Bybit farming. Personally, I'll be indulging in it.

Yes, I can do this but the ones that I've got available there might also increase in no time so I might just take to collect some more new USDT then before the farming period ends.

Alright, I already did farm it with my spare USDT and they are not that much but the good thing is I've got some extra and this is what I have remembered to do. There is only a few days left for the farming on bybit launchpool and hopefully that money of mine will be worth it. I've got a question it says that 400%+ for farming it with USDT and 800%+ with ENA. Are they for the period given by bybit or it's gonna be divided for an annual return? I'm quite new with bybit.

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Quote from: Best-mary on April 04, 2024, 09:43:04 AM

Quote from: mk4 on March 28, 2024, 06:38:42 AM

Quote from: cryptoaddictchie on March 28, 2024, 05:13:42 AM

sounds like terra but the team is good to prove that they can manage a system like ethena.

I'm not going to comment on the sustainability of it, but while it looks like Terra/Luna, it's definitely not like Terra/Luna when looking at the technicals. The APY is just high simply because of the open interest crypto has right now. (Ethena is delta neutral.)

As for the airdrop: I've been farming it, but knowing that the release is in like 4-5 days, not sure if it's worth farming today if you aren't yet.

Yeah so many people missed the farming though. I think Bitget launchpool is still active and will be till the 12th. If ENA stick to their objective, I think it will do better than we thought they will because that is the decentralisation we need

I was able to participate in the mining then but I couldn't take it too seriously because I never knew this would worth my time.
Although I might have missed this opportunity but I will try and join the launching so I can benefit from the project too.
There were many people that was able to partake in the mining and it shows that they believe this projects is going to be a good one but still their other opportunities in the cryptocurrency world for investors and people that are ready to take risks.

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