Author

Topic: Ethena Airdrop (Read 1008 times)

legendary
Activity: 2268
Merit: 1655
To the Moon
April 16, 2024, 05:23:11 PM
#93
Today, Founder Ethena_labs summed up the results of the recent market dump and compared it with the stress test for Ethena. "All of which were handled without issue Onwards to $10bn" - https://twitter.com/leptokurtic_/status/1780219042302738653 And this is really good news for everyone who invests in Ethena.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
April 15, 2024, 06:49:20 AM
#92
Been a while I stopped by here. I mentioned that new pendle pools for farming Ethena sats will go live. Those pools went live two days. To all you degens that are sats ape and want to make more sats by taking on more risks, you can check any of those pools. There's also a new Ethena pool that gives around 180x Ethena shards and 10x Zircuit points. You might want to check those out since they seem like a 2-for-1 farming opportunity.

Personally? I played Ethena season 1 without YT risks on pendle and receive low allocations but I will take risky route for season 2. See you all on the other side.
pendle is definitely worth a try, i have seen people that make a ton with pendle even those that sold their leveraged staked stablecoin back then from pendle are getting massive airdrop even though its vested but the vesting thing is also what i'm afraid to be happening, after all we don't know whether there gonna be campaign after this sats campaign which means risk of depegging because there are no people staking and adding money to the LP but maybe im just overexaggerating here, i never really trying to look further into the technicality of their usde.
but personally i've witnessed that even though if the YT matured and the value went to zero if it could multiply the amount of ena we gonna receive in the future then its all worth it.
its like sacrficing $1k to get more than 10x of that money even more so when we joined since very early when the pool has just opened.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 15, 2024, 02:21:31 AM
#91
Been a while I stopped by here. I mentioned that new pendle pools for farming Ethena sats will go live. Those pools went live two days. To all you degens that are sats ape and want to make more sats by taking on more risks, you can check any of those pools. There's also a new Ethena pool that gives around 180x Ethena shards and 10x Zircuit points. You might want to check those out since they seem like a 2-for-1 farming opportunity.

Personally? I played Ethena season 1 without YT risks on pendle and receive low allocations but I will take risky route for season 2. See you all on the other side.
Wow is this new pool? If its a locked and load for pendle maybe I'll pass. My usde now are staked on zircuit for the points and middle sat accumulation. I did big on season 1 and now focusing on other protocol like zircuit which I believe will roll out soon. It will take some time for season 2 to end since the target is $5 but its good to have an idle fund while earning sats.

Do guys think season 3 is possible? Or the same term would be applied from season 1.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 12, 2024, 06:54:42 PM
#90
...There's also a new Ethena pool that gives around 180x Ethena shards and 10x Zircuit points. ..

I didn't find it on Pendle.finance of a similar pool, which makes it possible to farm Sats x180. I understand that there must be very high risks, however, it would be great if you provided a direct link to this pool.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
April 12, 2024, 05:56:03 PM
#89
Been a while I stopped by here. I mentioned that new pendle pools for farming Ethena sats will go live. Those pools went live two days. To all you degens that are sats ape and want to make more sats by taking on more risks, you can check any of those pools. There's also a new Ethena pool that gives around 180x Ethena shards and 10x Zircuit points. You might want to check those out since they seem like a 2-for-1 farming opportunity.

Personally? I played Ethena season 1 without YT risks on pendle and receive low allocations but I will take risky route for season 2. See you all on the other side.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 11, 2024, 06:17:09 AM
#88
Wow nice sir thats my plan for usde that I unlock but yeah I know the referral system since I am also providing supply on zircuit since 1st day using ezeth will just add the usde for more points. Its good to utilize the connectivity of those restaking token and new projects. Was that just recently farm points on zircuit? That was fast accumulation mate. I am so bullish on zircuit as they got a lot of backers and I think they will launch soon, so I must hurry to farm points.

I joined USDe farm on Zircuit on April 8rd, when this pool was launched. But I used my free funds for this, as I did not want to withdraw money from Ethena and lose an additional 20% bonus for participating in the first season.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 11, 2024, 05:26:25 AM
#87
Of course, farm points in two projects at once is an attractive offer. And it is for this reason that I additionally farm points on Zircuit.com )) Note that there is a referral system that provides an additional profit of 15% if you register your account using your referral link.


Wow nice sir thats my plan for usde that I unlock but yeah I know the referral system since I am also providing supply on zircuit since 1st day using ezeth will just add the usde for more points. Its good to utilize the connectivity of those restaking token and new projects. Was that just recently farm points on zircuit? That was fast accumulation mate. I am so bullish on zircuit as they got a lot of backers and I think they will launch soon, so I must hurry to farm points.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 11, 2024, 05:13:54 AM
#86
Oh thanks mate. Btw I unlocked my usde, I am gonna use the zircuit stake for farming those points aside from the sats earned from ena since they are the only project with tokenless being offered. I think this is a good strategy to both farm zircuit and season 2 ena, Id love to farm ena but if I can do both that would be efficient especially I kmew that newcomers will come more on ethena farming.

Of course, farm points in two projects at once is an attractive offer. And it is for this reason that I additionally farm points on Zircuit.com )) Note that there is a referral system that provides an additional profit of 15% if you register your account using your referral link.

full member
Activity: 350
Merit: 128
April 11, 2024, 01:15:17 AM
#85
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.



EDIT: For those who like farming airdrops, check out https://Paldo.io (You're welcome).

I get you point clearly. Most of the new projects are on disguise, they would showcase what it may tend to be before it was launched or in just couple of days you'd find out it was just a nomenclatures of hyping MemeCoins of the shit projects.
Don't rush in to trending MemeCoins when it hasn't be grounded for a reliable farming in as much you haven't recently farmed on it to trust the that texture would be fertile.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 10, 2024, 11:17:16 PM
#84
...The current rate od you per day is like 50sats per day?

It is difficult for me to calculate exactly how much sats I receive per day, since the site does not have statistics with daily accruals. However, I calculated that every dollar placed on Ethena, taking into account the 50% surcharge, earns me 39 sats per day.
Oh thanks mate. Btw I unlocked my usde, I am gonna use the zircuit stake for farming those points aside from the sats earned from ena since they are the only project with tokenless being offered. I think this is a good strategy to both farm zircuit and season 2 ena, Id love to farm ena but if I can do both that would be efficient especially I kmew that newcomers will come more on ethena farming.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 10, 2024, 04:14:45 PM
#83
...The current rate od you per day is like 50sats per day?

It is difficult for me to calculate exactly how much sats I receive per day, since the site does not have statistics with daily accruals. However, I calculated that every dollar placed on Ethena, taking into account the 50% surcharge, earns me 39 sats per day.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 10, 2024, 08:20:57 AM
#82
Today I added an ENA to the pool in excess of 50% of my previously deposited deposit. This way I will receive an additional 50% more Sats tokens. And if, at the end of season 2, the cost of ENA increases to $100, as you were informed friend), that I will get a good profit.


Damn thats a lot of money mate. Of course prediction or targets got so mamy hiccups but who knows that the insider who got a lot of profits. But with the current scenario its not likely ena would dump due to the ena staking and a lot of new users are joining the season 2. If were lucky we can get more tokens in the end even its price at $1 to @1 value alone. The current rate od you per day is like 50sats per day?
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
April 10, 2024, 06:53:02 AM
#81
The error has been fixed and I have already received my ENA coins, about 20% of what was previously distributed. It was very nice to get an additional profit, especially since the value of the coin has increased almost 2 times over these days.
Just checked my account and boom they distributed now the missing tokens. Wow this is amazing I think I am break even with the supply I put on usde, now I am getting feeling that ethena will do more price acfion, they already did a new ATH and hoping to create more hype and trend in the future. Ive got a friend that said got insider and dont know if Im gonna believe him when he said that it could $100 a piece cause he bought a bag.
I'm kinda pessimistic with that target considering the supply is $11 billion but if that truly happen then im gonna be happy, since i also locked my ena in various place including in ethena itself as well as other exchange, hoping for the best outcome there is, but its overall really crazy though, the price of ENA just climbed right after people are dumping their airdrop gain and even with low price everyone already making double of their capital definitely really worth it since it only requires staking not more than 2 month if im not mistaken and people are already making a ton.

but im kinda curious though since the second campaign that give sats as a reward gonna be profitable considering the length of the campaign, there must be wider gap between whales and the average people, whether its still worth to follow the staking campaign again.
member
Activity: 214
Merit: 10
April 10, 2024, 06:28:05 AM
#80
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?

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
Yeah, that's what I am about to do and just waiting for the Ethena farm on bybit to end. But I don't think that I'd be getting a lot since this is just a spare amount of my USDT but again, free is free and these projects are giving money away. I don't want to miss out some free money since I've a lot already but thanks to all of you for sharing them here together with OP and the other contributors that have shared here as well.

Allright man, pls let me know how it went, cos I'm also participating. Probably I'll send you a direct message so we won't have to overstretch this thread💪
legendary
Activity: 2268
Merit: 1655
To the Moon
April 09, 2024, 12:56:37 PM
#79
...Ive got a friend that said got insider and dont know if Im gonna believe him when he said that it could $100 a piece cause he bought a bag.

Today I added an ENA to the pool in excess of 50% of my previously deposited deposit. This way I will receive an additional 50% more Sats tokens. And if, at the end of season 2, the cost of ENA increases to $100, as you were informed friend), that I will get a good profit.

legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 08, 2024, 10:18:47 PM
#78
The error has been fixed and I have already received my ENA coins, about 20% of what was previously distributed. It was very nice to get an additional profit, especially since the value of the coin has increased almost 2 times over these days.
Just checked my account and boom they distributed now the missing tokens. Wow this is amazing I think I am break even with the supply I put on usde, now I am getting feeling that ethena will do more price acfion, they already did a new ATH and hoping to create more hype and trend in the future. Ive got a friend that said got insider and dont know if Im gonna believe him when he said that it could $100 a piece cause he bought a bag.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 08, 2024, 05:44:26 PM
#77
...Anyway still hoping for the fixed on their airdrop miscalculation if we comoute thats 20% bigger or loss.
...From the above, my understanding is that the allocations on Ethena's claim page was wrong and that of Liquifi was correct. Even now, they don't display any allocations on their claim page but rather just direct users to the Liquifi claim partner.

The error has been fixed and I have already received my ENA coins, about 20% of what was previously distributed. It was very nice to get an additional profit, especially since the value of the coin has increased almost 2 times over these days.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
April 08, 2024, 05:32:42 PM
#76
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.

About the miscalculation, I think the team made an announcement on discord few days ago. Let me grab it and copy pasta:


Quote from: noxiousquill Ethena
The initial discrepancy between Ethena’s claim page and Liquifi’s platform was due to additional calculations on token eligibility and claiming requirements. To be clear: it is not due to Liquifi taking a cut of any $ENA grants from its users.

If there are additional amounts to claim, once claimed each airdrop recipient will have received their full expected allocation for unvested tokens.

From the above, my understanding is that the allocations on Ethena's claim page was wrong and that of Liquifi was correct. Even now, they don't display any allocations on their claim page but rather just direct users to the Liquifi claim partner.



I read the most recent entry on Ethena blog. Looks like we are getting pendle pools on Arbitrum, Zircuit and mantle (again?). They should have done this since season 1 imo at least my allocation would have been 4-5x more.
hero member
Activity: 3080
Merit: 603
April 08, 2024, 03:47:36 PM
#75
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?

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
Yeah, that's what I am about to do and just waiting for the Ethena farm on bybit to end. But I don't think that I'd be getting a lot since this is just a spare amount of my USDT but again, free is free and these projects are giving money away. I don't want to miss out some free money since I've a lot already but thanks to all of you for sharing them here together with OP and the other contributors that have shared here as well.
newbie
Activity: 74
Merit: 0
April 08, 2024, 02:51:04 PM
#74
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.

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


This has to be it. https://x.com/CryptoRank_io/status/1776233217311338824

 Based on the latest CryptoRank report, the has secured the top position. This achievement demonstrates the platform's commitment to consistently delivering a strong performance and providing a reliable service to its users.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 08, 2024, 10:48:36 AM
#73
...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.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 08, 2024, 09:57:12 AM
#72
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.
member
Activity: 214
Merit: 10
April 08, 2024, 09:35:43 AM
#71
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?

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
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
April 08, 2024, 08:19:04 AM
#70
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.
hero member
Activity: 3080
Merit: 603
April 08, 2024, 07:25:16 AM
#69
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?

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
member
Activity: 214
Merit: 10
April 08, 2024, 05:58:35 AM
#68
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.

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
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 08, 2024, 04:03:32 AM
#67
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.

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.
member
Activity: 214
Merit: 10
April 07, 2024, 09:15:32 PM
#66
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/
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
April 07, 2024, 05:59:09 PM
#65
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.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 07, 2024, 04:35:06 PM
#64
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.
hero member
Activity: 3080
Merit: 603
April 07, 2024, 01:09:51 PM
#63
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.  Smiley
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 07, 2024, 11:41:19 AM
#62
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.

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.
hero member
Activity: 3080
Merit: 603
April 07, 2024, 06:55:36 AM
#61
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.

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?
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 07, 2024, 02:09:11 AM
#60
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.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 05, 2024, 04:04:42 AM
#59
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)
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 05, 2024, 03:20:47 AM
#58
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?
hero member
Activity: 3080
Merit: 603
April 04, 2024, 04:41:04 PM
#57
...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.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 04, 2024, 04:36:09 PM
#56
...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.
hero member
Activity: 3080
Merit: 603
April 04, 2024, 03:44:21 PM
#55
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.
sr. member
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Vave.com - Crypto Casino
April 04, 2024, 03:20:36 PM
#54
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.
legendary
Activity: 2268
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To the Moon
April 04, 2024, 12:07:52 PM
#53
...Btw are you atill going for season 2? Dont you think it will be diluted now since many users will try to deposit now on ethena season 2 and farm sats. Its been like 3 days but not sats yet has been reflected. ...

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.
jr. member
Activity: 280
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BTC Lover|Crypto Educator| We Grow by Learning!
April 04, 2024, 08:43:04 AM
#52
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
legendary
Activity: 2268
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Fully Regulated Crypto Casino
April 04, 2024, 04:19:27 AM
#51
I have a question mate Ive got my tokens as vested tokens I knew that there is a 50% release during tge right? Can i withdraw some of my tokens even though it said all vested but in the liquifi theres also a ready to claim indicated and all tokens were noted to be claim. So I am confuse with this. Not yet sold any tokens due to the mistake and confusion on allocation. I hope the matter clear first before I touch any of the tokens.

2000 of the largest wallets have been locked in this way, of which 50% you can claim now and the remaining 50% vesting for 6 months. For the rest of the wallets, there was a 100% unlock on TGE.

I placed the remaining ENA coins after the sale in the launchpool on Bybit for 5 days at 950%))
I see I might put mine also there so it can earned some free tokens with a huge APY thats a win win. Btw are you atill going for season 2? Dont you think it will be diluted now since many users will try to deposit now on ethena season 2 and farm sats. Its been like 3 days but not sats yet has been reflected. Also on discord a lot of people still asking about the remaining 20% being deducted but not sure if the team will acknowledge that on their part that they credited less tokens for allocation.
member
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Eloncoin.org - Mars, here we come!
April 03, 2024, 09:33:59 PM
#50
...I would like to join too, but I'm hesitant because the ethereum fee is expensive, and secondly, I'm too late to participate now, and there are a lot of things I have to comply with to be a qualifier there.

This campaign has its continuation for season 2 and you can still join it - https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/GTbzFynrve4gzSjIEKL0vz7Kq0UHkIiekHkup0EXgjU To reduce the cost of the commission, you need to choose a time when the gwei is reduced to 15-20, and you may have to wake up in the middle of the night to complete the transaction.

     As far as I know, Bybit has almost the same features as Binance, so when it comes to staking or farming, it is almost the same as the duration of farming or staking, which is 90 days or 365 days. On the matter of Athena airdrops, I saw that last week, but I didn't really pay attention to it.

     Because it looks like he's under Erc20, if I'm not mistaken, but I'll look and study. If I can make a profit even if the fees are high, I think it's fine to try as long as it's really legit.
hero member
Activity: 2212
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Top Crypto Casino
April 03, 2024, 05:49:37 PM
#49
The biggest winners for ENA were the people that indulged in the pendle pools with max leverage. They are the biggest winners indeed because locking, staking or LPing USDe could earn you enough shards to get the basic drop. Btw, is there anyone considering the pendle YT pools on mantle chain? I was considering it but it seemd like a lot of people dislike the fact that they can only participate in the pool with a stablecoins as opposed to the usual YT pools with an ETH supported token as the underlying assets so all potential upside price movements are accounted for plus the EigenLayer points is like negligible since it's a tad too tiny. I might just get in for the purpose of playing the long game but not sure yet.
legendary
Activity: 2268
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To the Moon
April 03, 2024, 05:03:25 PM
#48
I have a question mate Ive got my tokens as vested tokens I knew that there is a 50% release during tge right? Can i withdraw some of my tokens even though it said all vested but in the liquifi theres also a ready to claim indicated and all tokens were noted to be claim. So I am confuse with this. Not yet sold any tokens due to the mistake and confusion on allocation. I hope the matter clear first before I touch any of the tokens.

2000 of the largest wallets have been locked in this way, of which 50% you can claim now and the remaining 50% vesting for 6 months. For the rest of the wallets, there was a 100% unlock on TGE.

I placed the remaining ENA coins after the sale in the launchpool on Bybit for 5 days at 950%))
legendary
Activity: 2268
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Fully Regulated Crypto Casino
April 03, 2024, 12:36:56 PM
#47
by the way $ena has been climbing up quite high enough it seems the demand for this coin is good as well.
so basically if someone want to join 2nd campaign join early where all pools still available to get maximum profits.
Not sure why but probably due to low circulation. I think most airdrops are locked and vested for now and some issues on claiming thats why theres none much dumped happening. But the team already are looking into it. Hopefully they did nf fixe the issue on airdrop cause their price now is good and still climbing and as a new project surely they dont wanna pissed the community.
hero member
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Leading Crypto Sports Betting & Casino Platform
April 02, 2024, 11:00:41 PM
#46
This campaign has its continuation for season 2 and you can still join it - https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/GTbzFynrve4gzSjIEKL0vz7Kq0UHkIiekHkup0EXgjU To reduce the cost of the commission, you need to choose a time when the gwei is reduced to 15-20, and you may have to wake up in the middle of the night to complete the transaction.
considering the ROI that was massive just within one month everyone already making double of the money this second campaign might be interesting, considering the fact that some people might be withdrawing their LP from the first campaign and might not follow 2nd campaign, the only imlpication of the 2nd campaign though, the early staker from first campaign got boost about 20%, and the campaign gonna be long lasting and there might be wider gap of distribution toward the people that stake a lot and the one that stake less since its long lasting campaign so expect the whales to get wider gap of profit in the 2nd campaign but I must applause that this campaign is among the fastest, just stake one month you get double of the money definitely worth it for those that have money lying around, if someone take advantage of YT PENDLE back so then leveraging a lot more they could be making a ton already, by the way $ena has been climbing up quite high enough it seems the demand for this coin is good as well.
so basically if someone want to join 2nd campaign join early where all pools still available to get maximum profits.
legendary
Activity: 2268
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Fully Regulated Crypto Casino
April 02, 2024, 09:41:00 PM
#45
Has anyone having issue with the claiming? I didnt manage to check my allocation earlier during open checking but only able to direct to liquifi tokens allocation. Some users said that on liquifi it was less 20% of the supposedly tokens based on computations. Also not sure why my tokens are vested and doesnt have initial release.

Yes, there was some confusion and different numbers of ENA coins were indicated on different pages, but it was possible to withdraw exactly the amount that was smaller) In general, I was pleased that I did not sell ENA at the start and after a short holding sold half of the coins for 91 cents.
I have a question mate Ive got my tokens as vested tokens I knew that there is a 50% release during tge right? Can i withdraw some of my tokens even though it said all vested but in the liquifi theres also a ready to claim indicated and all tokens were noted to be claim. So I am confuse with this. Not yet sold any tokens due to the mistake and confusion on allocation. I hope the matter clear first before I touch any of the tokens.
hero member
Activity: 3080
Merit: 603
April 02, 2024, 06:20:46 PM
#44
There is still some farming/staking that can be done on Bybit but I am not willing to exchange the altcoins that I have been holding just to farm it as I don't know how much my converted assets into it back to the original. So, I'll just congratulate those that were able to farm it and you're now seeing the value of it. Don't be too greedy, sell when necessary but I'd say that to just sell it so that you can take the money with you and your efforts should be rewarded by it by selling it rightaway.

I'm not sure there are any risks with deploying funds for farming ethena on bybit. If anything, the only risks is that the price of ENA might drop in value over the course of the farming period.
It is because I don't have those coins that allow me to farm it but I've got funds there that I can trade and convert into the required one which I am not willing to do as of now. Because of the volatility, the value of that current holdings or assets that I'll use in the conversion could drop significantly but if I've got some spare funds that I can deploy there, I'd do so.

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.
hero member
Activity: 2212
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Top Crypto Casino
April 02, 2024, 05:55:42 PM
#43
There is still some farming/staking that can be done on Bybit but I am not willing to exchange the altcoins that I have been holding just to farm it as I don't know how much my converted assets into it back to the original. So, I'll just congratulate those that were able to farm it and you're now seeing the value of it. Don't be too greedy, sell when necessary but I'd say that to just sell it so that you can take the money with you and your efforts should be rewarded by it by selling it rightaway.

I'm not sure there are any risks with deploying funds for farming ethena on bybit. If anything, the only risks is that the price of ENA might drop in value over the course of the farming period. 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.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 02, 2024, 05:45:04 PM
#42
...I would like to join too, but I'm hesitant because the ethereum fee is expensive, and secondly, I'm too late to participate now, and there are a lot of things I have to comply with to be a qualifier there.

This campaign has its continuation for season 2 and you can still join it - https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/GTbzFynrve4gzSjIEKL0vz7Kq0UHkIiekHkup0EXgjU To reduce the cost of the commission, you need to choose a time when the gwei is reduced to 15-20, and you may have to wake up in the middle of the night to complete the transaction.
hero member
Activity: 3080
Merit: 603
April 02, 2024, 05:44:27 PM
#41
There is still some farming/staking that can be done on Bybit but I am not willing to exchange the altcoins that I have been holding just to farm it as I don't know how much my converted assets into it back to the original. So, I'll just congratulate those that were able to farm it and you're now seeing the value of it. Don't be too greedy, sell when necessary but I'd say that to just sell it so that you can take the money with you and your efforts should be rewarded by it by selling it rightaway.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
April 02, 2024, 05:25:36 PM
#40
Hello everyone the new project Ethena just announced their token launch and airdrop for users who are supplied stablecoin on their platform.

All details were indicated on their announcement.

https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/uCBp9VeuLWs-ul1b6AOUAoMg5HBB_iizMIi-11N6nT8

Ive personally farm this project using some of my stables since it has a lot of top tier backer including Binance and OKX and some notable people. Its just same with some native stable with a good protocol, sounds like terra but the team is good to prove that they can manage a system like ethena.

They will release their airdrop on April 2 including tge.

I know I’m late to this airdrop and I’m not an airdrop believer either but I have a lot of stablecoins sitting on my wallet right now along with my Bitcoin that I don’t move for a long time due to Bullrun fever.


Why not use your stablecoins and convert them into the altcoin or altcoins of your choice? You don’t need to invest some coins to be able to get some airdrops. Most of them are given for free while some will ask you to accomplish something first before you finally get the airdrop.

Remember that if a project asks you for some kind of donation or any money for that matter,that airdrop is most likely a scam.
member
Activity: 560
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Eloncoin.org - Mars, here we come!
April 02, 2024, 05:12:39 PM
#39
I know I’m late to this airdrop and I’m not an airdrop believer either but I have a lot of stablecoins sitting on my wallet right now along with my Bitcoin that I don’t move for a long time due to Bullrun fever.

How do you guys knew if there’s a potential airdrop? Do you have a group which you share this kind of potential airdrop? I want to take a minimal risk on this trend but I’m not updated anymore on who or what to follow because I cut-off all my social media connection when I become busy to my personal business. Nice to see that there’s still worthy airdrop until now. Can we PM?

If you are not airdrop believer why do you want to take such risk regardless?
You have so much stable sitting idle in your wallet when you could have already x50 or more of it just providing liquidity on most solana base airdrops.
If you really wanna know about airdrop farming, twitter is your friend, find all the airdrop degen and follow them, you will learn a thing or two.

Maybe they are just going along with the trend now because we are in the bull season where Aidrops is also going along with the trend, and then they saw the potential, so they were able to participate in that matter.

I would like to join too, but I'm hesitant because the ethereum fee is expensive, and secondly, I'm too late to participate now, and there are a lot of things I have to comply with to be a qualifier there.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 02, 2024, 03:44:35 PM
#38
Has anyone having issue with the claiming? I didnt manage to check my allocation earlier during open checking but only able to direct to liquifi tokens allocation. Some users said that on liquifi it was less 20% of the supposedly tokens based on computations. Also not sure why my tokens are vested and doesnt have initial release.

Yes, there was some confusion and different numbers of ENA coins were indicated on different pages, but it was possible to withdraw exactly the amount that was smaller) In general, I was pleased that I did not sell ENA at the start and after a short holding sold half of the coins for 91 cents.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
April 02, 2024, 10:48:10 AM
#37
The ENA coin got listed on many exchanges including Binance. Its price surged to 0.90 dollar before retracing to $0.50, currently it is again experiencing another surge and being traded around $0.70. I accumulated several hundreds coins when its price was fluctuating between 0.55 to $o,50, yielding me substantial  profit. I am optimistic about its potential to reach $1 in the near future.

The ENA airdrop was very juicy for lucky recipients hose who won it, my advice for them would be to hold onto  it for the opportunity to maximize their profit
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
April 02, 2024, 09:43:41 AM
#36
Has anyone having issue with the claiming? I didnt manage to check my allocation earlier during open checking but only able to direct to liquifi tokens allocation. Some users said that on liquifi it was less 20% of the supposedly tokens based on computations. Also not sure why my tokens are vested and doesnt have initial release.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
April 02, 2024, 02:57:35 AM
#35


I didn't participate in airdrop campaign of Ethena lab but its buzz on social media which means it has robust community, that is primarily crucial for success of any project. I received some Ethena coins for staking BNB on Binance launchpad. The project's wide spread interest  and its listing on prominent exchange like Binance inspires hope that ENA price could potentially exceed $1 and establish stability around that level.
jr. member
Activity: 476
Merit: 7
Navigating the Crypto world & Holding BGB Along..
April 02, 2024, 02:39:04 AM
#34
Hello everyone the new project Ethena just announced their token launch and airdrop for users who are supplied stablecoin on their platform.

All details were indicated on their announcement.

https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/uCBp9VeuLWs-ul1b6AOUAoMg5HBB_iizMIi-11N6nT8

Ive personally farm this project using some of my stables since it has a lot of top tier backer including Binance and OKX and some notable people. Its just same with some native stable with a good protocol, sounds like terra but the team is good to prove that they can manage a system like ethena.

They will release their airdrop on April 2 including tge.

lot's of projects to keep up, so I missed farming ena. But if like me that didn't get the airdrop, you stake USDE or BGB on bitget launchpool to get some free $ENA. https://twitter.com/bitgetglobal/status/1774987166692852219?t=PaPJzC10CeZemOmrXOcFPQ&s=19
legendary
Activity: 2268
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Fully Regulated Crypto Casino
April 01, 2024, 01:38:43 AM
#33
It was unfortunate but that was the reality of things. I don't have plenty of shards but I do hope that it's worth it. If completely linear distribution, then not so much.

For the second season, I won't be showing up unless they decide to spin up a YT pool on Arbitrum or another L2.
Not sure how the ethena will do the airdrop if its a linear or got some tier rounds. But due to their rules that some might not eligible even early supporters who joined before and unstake prior to snapshot they will ne disregarded. Thats an added unsaturated method for some solid supporters who keep providing liq or locking their funds. The estimate participants are 100k but probably lower than that will be the eligible due to some rules.
legendary
Activity: 2268
Merit: 1655
To the Moon
March 31, 2024, 05:56:20 PM
#32
I participated in ENA via locking for 10x shards — I didn't earn much shards but it was honest work. I didn't like the fact that there was no Pendle YT pool for USDe on Arbitrum network or any other L2s. The gas cost to zap into the Usde YT pool on Ethereum Mainnet was around $200 when gwei was averaging 50-60 gwei. It was unfortunate but that was the reality of things. I don't have plenty of shards but I do hope that it's worth it. If completely linear distribution, then not so much.

For the second season, I won't be showing up unless they decide to spin up a YT pool on Arbitrum or another L2.

Obviously you were in too much of a hurry to join the Shard Campaign, which is why you had to pay such a high commission. I paid a commission of $28 with a gwai of 19, which I consider acceptable for the Ethereum network. In addition, I needed to confirm one more transaction than you, since I was placing an LP. Nevertheless, it would be in vain to expect that the second season will be in L2.
hero member
Activity: 2212
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Top Crypto Casino
March 31, 2024, 12:55:22 PM
#31
I participated in ENA via locking for 10x shards — I didn't earn much shards but it was honest work. I didn't like the fact that there was no Pendle YT pool for USDe on Arbitrum network or any other L2s. The gas cost to zap into the Usde YT pool on Ethereum Mainnet was around $200 when gwei was averaging 50-60 gwei. It was unfortunate but that was the reality of things. I don't have plenty of shards but I do hope that it's worth it. If completely linear distribution, then not so much.

For the second season, I won't be showing up unless they decide to spin up a YT pool on Arbitrum or another L2.
legendary
Activity: 2268
Merit: 1655
To the Moon
March 31, 2024, 11:32:19 AM
#30
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.

After finishing the Binance Launchpool, you can take part in the ENA Launchpool on Bybit, which will be held from April 2 to April 9, 2024. In addition, you can join the second season, which will take place on http://app.ethena.fi and I am sure that it will also bring a good profit when staking a stablecoin.
legendary
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Fully Regulated Crypto Casino
March 31, 2024, 05:53:57 AM
#29
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 can check the current premarket price on some platform like whalesmarket and bybit. Wow thats a good free money considering you are just farming the tokens by stablecoin. If you only used those stable to farm on their platform even before the binance launchpool announcement and airdrop probably youll get tons of free tokens.

Here is the link of current premarket price of buy and sell of ena tokens.

https://app.whales.market/?token=ENA
hero member
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Bitcoin makes the world go 🔃
March 31, 2024, 05:22:40 AM
#28
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.
legendary
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Fully Regulated Crypto Casino
March 31, 2024, 05:15:26 AM
#27
In my opinion we should try at least with the hope that it will be distributed because financing projects usually pay well and it's very important to take part in these type of air drops. Who knows which project will come true and if it will there will be a good amount of benefit free of cost.
They will pay or distribute the tokens as per their announcement. Users can checked theit rligibility prior to listing maybe on April 2 before the listing. Surely this will be followed by other big exchange as well as some of them already supported usde listing might as well list the first token of ethena platform. Not really sure of its use case for now maybe team will divulge information later on.
full member
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Eloncoin.org - Mars, here we come!
March 31, 2024, 03:47:55 AM
#26
I do not like projects that start with comparisons and saying that it is the highest profitable protocol in the industry in just 3 weeks.

Projects which present such huge numbers are trying to attract as much attention as possible which should be sending a red flag already. It’s hard to tell how this will go in the future but if it seems like it can be hyped and taken advantage of even in a short time then why not try? At this point we should just try and figure out the ones we can make profits with.
full member
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Eloncoin.org - Mars, here we come!
March 31, 2024, 01:25:40 AM
#25
Hello everyone the new project Ethena just announced their token launch and airdrop for users who are supplied stablecoin on their platform.

All details were indicated on their announcement.

https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/uCBp9VeuLWs-ul1b6AOUAoMg5HBB_iizMIi-11N6nT8

Ive personally farm this project using some of my stables since it has a lot of top tier backer including Binance and OKX and some notable people. Its just same with some native stable with a good protocol, sounds like terra but the team is good to prove that they can manage a system like ethena.

They will release their airdrop on April 2 including tge.

Ethena is a well looking project as it is claiming an airdrop of 750 million and this is not a small amount.It has taken a step to collaborate with the decentralized banking system. It is claiming to give it's user the airdrop with 6 weeks for the top ones and the other ones after a couple of months.

In my opinion we should try at least with the hope that it will be distributed because financing projects usually pay well and it's very important to take part in these type of air drops. Who knows which project will come true and if it will there will be a good amount of benefit free of cost.
full member
Activity: 560
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Eloncoin.org - Mars, here we come!
March 31, 2024, 01:03:06 AM
#24
There is no doubt that we will see a big green stick at the beginning of trading, but I do not think that I will be able to sell at a price exceeding $1. Well, if I manage to sell my coins at a higher price, then I will be overly satisfied with my investments and will definitely leave my stablecoins for farming for the second season.
Always be in position to hits the market harder because milking is our ultimate target. Stablecoins will keep flowing in and also trigger the big moves in the system. I've o strong hope when it comes these altcoins projects because they have strong effects regarding our decisions. We should be concerned about these projects because we might never have a clue on the basic projects that will profits for us, however there's no room for reluctant actions, rather we keep pressing for the good work at our end for the purpose to earn.
legendary
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Fully Regulated Crypto Casino
March 30, 2024, 07:20:53 PM
#23
There is no doubt that we will see a big green stick at the beginning of trading, but I do not think that I will be able to sell at a price exceeding $1. Well, if I manage to sell my coins at a higher price, then I will be overly satisfied with my investments and will definitely leave my stablecoins for farming for the second season.
Thats also my plan if this airdrop did atleast 3/4 of my stable equivalent then its kinda good to leave out some for season 2. If people see the potential airdrop worth post of some CTs then this wull heavily farmed on 2nd season favoring ethena stablecoin. Just dont know what would be ena token usage on the platform maybe a booster to earning shards or a higher boost in APY. Didnt discuss that yet but the team should explained its utility to see how the token gonna cook in the future.
legendary
Activity: 2268
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To the Moon
March 30, 2024, 05:12:18 PM
#22
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.

There is no doubt that we will see a big green stick at the beginning of trading, but I do not think that I will be able to sell at a price exceeding $1. Well, if I manage to sell my coins at a higher price, then I will be overly satisfied with my investments and will definitely leave my stablecoins for farming for the second season.
legendary
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Fully Regulated Crypto Casino
March 29, 2024, 05:41:06 AM
#21
From a marketing point of view, the Launchpool on the Binance and the subsequent listing on this exchange can further increase the price of the ENA coin. And as you know, if a coin has a listing on the Binance, then we will see the same listing on other large and not only large CEX.
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.
legendary
Activity: 2268
Merit: 1655
To the Moon
March 29, 2024, 03:18:05 AM
#20
Update guys, Ena just been announced on Binance launchpool. I think they are bound to be there as it is backed by Binance plus their hype is all around. Hope that airdrop tier is good and has potential profits...

From a marketing point of view, the Launchpool on the Binance and the subsequent listing on this exchange can further increase the price of the ENA coin. And as you know, if a coin has a listing on the Binance, then we will see the same listing on other large and not only large CEX.
legendary
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Leading Crypto Sports Betting & Casino Platform
March 29, 2024, 02:43:10 AM
#19
It is noteworthy that a day later, after the team officially announced the end of the Shard Campaign, the price at the Whales premarket increased by 50%. Now the price for 1 million Shards is about $1500. This is a good profit, which in my case is equal to about 80% of the invested funds in 2 months.

Damn!!! that's a really nice price. I have collected 2.2m shards from LPing 3k USD since last months. If that will be true and i will be doubling my money. How much did you get from your investment?

Here's my calculation regarding the shard price.

1 / (750M/340B)) = 454 shards per $ENA token

At $0.751 per $ENA, this means each shard is worth $0.00165418


750m = total airdrop to be given by the team.
340B = Total shards after the campaign will be completed.
legendary
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Fully Regulated Crypto Casino
March 29, 2024, 01:36:51 AM
#18
Update guys, Ena just been announced on Binance launchpool. I think they are bound to be there as it is backed by Binance plus their hype is all around. Hope that airdrop tier is good and has potential profits. We wait for the shard conversion figure, I think its not bad considering only 100k joined the campaign plus there are some forfeited due to early unstake and unlocked.

https://www.binance.com/en/support/announcement/6c216f219f0e42adb1849759dee3fbd9?utm_source=AnnouncementTG&utm_medium=GlobalCommunity&utm_campaign=AnnouncementBot
legendary
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To the Moon
March 28, 2024, 03:28:35 PM
#17
...How do you guys knew if there’s a potential airdrop? Do you have a group which you share this kind of potential airdrop? I want to take a minimal risk on this trend but I’m not updated anymore on who or what to follow because I cut-off all my social media connection when I become busy to my personal business. Nice to see that there’s still worthy airdrop until now. Can we PM?

I joined the Shard Campaign on February 19th and made a post about it on the same day - https://bitcointalksearch.org/topic/m.63688300 I usually write in this thread about such projects in which I invest my own funds. But other participants also share their thoughts there, so join us, there are still many airdrops ahead)
hero member
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SecureShift.io | Crypto-Exchange
March 28, 2024, 12:57:35 PM
#16
I know I’m late to this airdrop and I’m not an airdrop believer either but I have a lot of stablecoins sitting on my wallet right now along with my Bitcoin that I don’t move for a long time due to Bullrun fever.

How do you guys knew if there’s a potential airdrop? Do you have a group which you share this kind of potential airdrop? I want to take a minimal risk on this trend but I’m not updated anymore on who or what to follow because I cut-off all my social media connection when I become busy to my personal business. Nice to see that there’s still worthy airdrop until now. Can we PM?

If you are not airdrop believer why do you want to take such risk regardless?
You have so much stable sitting idle in your wallet when you could have already x50 or more of it just providing liquidity on most solana base airdrops.
If you really wanna know about airdrop farming, twitter is your friend, find all the airdrop degen and follow them, you will learn a thing or two.
legendary
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March 28, 2024, 12:39:57 PM
#15
Only one thing you need to take note in this case is that their backers are actually reputable and heavily knowledgeable when it comes to market sustainability in general — Coinbase Ventures, DragonFly, Arthur Hayes from BitMEX, etc. Safe to say this has far better staying power than Terra/Luna had because this can't really implode unless multiple exchanges blow up.
Yeah of course surely these guys woulndt launch without being prepared. Well its too early too conclude anyway its still mystery for me how does ena token will play a role on the sustainability of their platform. But seeing the hype around airdrop, some definitely are there for the airdrop but the conditions they set is pretty wise too. Probably some who farmed shards and unstake when the end is near are probably crying out now on discord due to ineligibility.
mk4
legendary
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Paldo.io 🤖
March 28, 2024, 12:36:06 PM
#14
Yeah it kinda looks like them but I like the explanation the team does. Not really good on financial aspect especially rates and open interest, but this has been discuss on our group as one of the alpha so its a big one. Nice good to know Im not the only one, I did inject fund during the 2nd day of farming of Id bag some pretty nice rewards.

Only one thing you need to take note in this case is that their backers are actually reputable and heavily knowledgeable when it comes to market sustainability in general — Coinbase Ventures, DragonFly, Arthur Hayes from BitMEX, etc. Safe to say this has far better staying power than Terra/Luna had because this can't really implode unless multiple exchanges blow up.
legendary
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March 28, 2024, 11:58:48 AM
#13
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 it kinda looks like them but I like the explanation the team does. Not really good on financial aspect especially rates and open interest, but this has been discuss on our group as one of the alpha so its a big one. Nice good to know Im not the only one, I did inject fund during the 2nd day of farming of Id bag some pretty nice rewards.

How do you guys knew if there’s a potential airdrop? Do you have a group which you share this kind of potential airdrop? I want to take a minimal risk on this trend but I’m not updated anymore on who or what to follow because I cut-off all my social media connection when I become busy to my personal business. Nice to see that there’s still worthy airdrop until now. Can we PM?
Well its kinda degen thing as well. Ive ape on this during the 2nd day cause Ive already seen some potential listing and possible tokens. Like they are backed by high tier Vc which we knew that will earn through tokens.

Honestly you arent late since they will start the season 2 on April 2 as well. My participation depends on the result of season 1 reward but whats gonna lose anyway while parking your stable for additional rewards? Right
legendary
Activity: 2268
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To the Moon
March 28, 2024, 11:50:14 AM
#12
It is noteworthy that a day later, after the team officially announced the end of the Shard Campaign, the price at the Whales premarket increased by 50%. Now the price for 1 million Shards is about $1500. This is a good profit, which in my case is equal to about 80% of the invested funds in 2 months.
newbie
Activity: 30
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March 28, 2024, 11:24:20 AM
#11
April 1st marks the end of the Ethena Shard Campaign, which ran for a duration of just 6 weeks in total. I didn't know anything about it before today. If there are better projects next time, please let me know as soon as possible.
mk4
legendary
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Paldo.io 🤖
March 28, 2024, 07:17:34 AM
#10
Because it simply promises more profit. Just like the saying, the price of X token increased by 100% during the first week and there will be an airdrop soon. Are these achievements or promises of more profits?
Bruh a promise of releasing an airdrop isn't a promise of profit. Most if not all half-decent protocols literally don't "promise" profits because exploits exist, and they don't promise that an airdrop token will be worth something — because it's up to the traders/speculators (and the markets in general) what a token is worth.

And we're talking about the quotes you posted. Why are you changing the statements we're talking about lmao. Literally none of the quotes you posted earlier was about "promising profit" rather than just them saying they're going to release an airdrop in another part of the article.

If I ask you about the growth of USDe token from $85 million to $1.3 billion, what is the reason in your opinion? Roll Eyes
Because people are farming points for the airdrop. This is totally irrelevant to the backing/sustainability of USDe. How is that relevant to the topic that USDe/Ethena is totally different from Terra/Luna technical-wise?

You literally can't even answer my questions, you're just doing ad-hominems. Just take the L — it's totally fine.
full member
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PredX - AI-Powered Prediction Market
March 28, 2024, 06:53:31 AM
#9
Can you show us which parts are "full of promises"?
The beginning of the article focused on their achievements for a duration of just 6 weeks in total.

Bruh that's the vesting schedule for the ENA token, not the USDe stablecoin lmao.

Yes, but at the beginning of 2025 you have Core+investors+foundaton distributions, which represent about 70% of the total distributions, while Ecosystem Development and Airdrops represent 30%, and the current one is 5%.
If the ENA token collapses, USDe will be harmed just as happened with Luna <> UST

Your explanation is good here, @Husires, and there is a point in what you said, which is that if ENA does have a problem, it will for sure pull down the stablecoin USDe, which is really true,
like what happened in UST and Luna.

Now that the date is April 2, I am not even sure if I will still be a qualifier if, for example, I can participate this day with only a few days left. Is it possible to stake or farm in Athena?
legendary
Activity: 1596
Merit: 1288
March 28, 2024, 06:53:15 AM
#8
Those aren't even promises, those are literally what they've currently achieved lol. There's a huge difference between "achievements" and "promises".
Because it simply promises more profit. Just like the saying, the price of X token increased by 100% during the first week and there will be an airdrop soon. Are these achievements or promises of more profits?

The ENA token has literally ZERO thing to do with the sustainability of USDe; as the USDe is not backed by the ENA token. The ENA token is literally non-existent right now but yet the USDe token is $1. Their strategy is to have delta-neutrality with PERPs.

If I ask you about the growth of USDe token from $85 million to $1.3 billion, what is the reason in your opinion? Roll Eyes
copper member
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Leading Crypto Sports Betting & Casino Platform
March 28, 2024, 06:47:01 AM
#7
Hello everyone the new project Ethena just announced their token launch and airdrop for users who are supplied stablecoin on their platform.

All details were indicated on their announcement.

https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/uCBp9VeuLWs-ul1b6AOUAoMg5HBB_iizMIi-11N6nT8

Ive personally farm this project using some of my stables since it has a lot of top tier backer including Binance and OKX and some notable people. Its just same with some native stable with a good protocol, sounds like terra but the team is good to prove that they can manage a system like ethena.

They will release their airdrop on April 2 including tge.

I know I’m late to this airdrop and I’m not an airdrop believer either but I have a lot of stablecoins sitting on my wallet right now along with my Bitcoin that I don’t move for a long time due to Bullrun fever.

How do you guys knew if there’s a potential airdrop? Do you have a group which you share this kind of potential airdrop? I want to take a minimal risk on this trend but I’m not updated anymore on who or what to follow because I cut-off all my social media connection when I become busy to my personal business. Nice to see that there’s still worthy airdrop until now. Can we PM?
mk4
legendary
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Paldo.io 🤖
March 28, 2024, 06:33:55 AM
#6

The beginning of the article focused on their achievements for a duration of just 6 weeks in total.

Quote
This represents the fastest USD-denominated asset to reach >$1bn supply ever in crypto. Ethena’s USDe supply is now:

>1.5x larger than the entire tokenized treasury RWA market

>3x larger than the entire onchain ETH open interest for every DEX combined

Higher than all stablecoins on Base, Blast, zkSync, Aptos and Starknet…combined.

Ethena also became the highest earning protocol in the industry in just 3 weeks, setting a new benchmark for DeFi interest rates, while growing the Reserve Fund to over $25m in a month.
Those aren't even promises, those are literally what they've currently achieved lol. There's a huge difference between "achievements" and "promises".


Yes, but at the beginning of 2025 you have Core+investors+foundaton distributions, which represent about 70% of the total distributions, while Ecosystem Development and Airdrops represent 30%, and the current one is 5%.
If the ENA token collapses, USDe will be harmed just as happened with Luna <> UST
The ENA token has literally ZERO thing to do with the sustainability of USDe; as the USDe is not backed by the ENA token. The ENA token is literally non-existent right now but yet the USDe token is $1. Their strategy is to have delta-neutrality with PERPs.

Bruh at least take a quick read of the docs before you criticize it.
legendary
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Merit: 1288
March 28, 2024, 06:27:54 AM
#5
Can you show us which parts are "full of promises"?
The beginning of the article focused on their achievements for a duration of just 6 weeks in total.

Bruh that's the vesting schedule for the ENA token, not the USDe stablecoin lmao.

Yes, but at the beginning of 2025 you have Core+investors+foundaton distributions, which represent about 70% of the total distributions, while Ecosystem Development and Airdrops represent 30%, and the current one is 5%.
If the ENA token collapses, USDe will be harmed just as happened with Luna <> UST
mk4
legendary
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Paldo.io 🤖
March 28, 2024, 06:18:29 AM
#4
The article is full of promises.
Can you show us which parts are "full of promises"?

Whoever holds USDe and any disposal of it means losing your investment.
USDe is pretty freakin liquid because of their thick Curve pools. While I'm not saying that a de-pegging event isn't going to happen, but it'll take a lot more money than just a few people to dump and de-peg it.

https://talkimg.com/images/2024/03/28/VHmU8.png

The chart shows that a large portion of the liquidity will be released in 2025 in one go, which means that the price will collapse severely, which is not the behavior of stable currencies.
Bruh that's the vesting schedule for the ENA token, not the USDe stablecoin lmao.




Note: I'm not even that bullish on Ethena, I'm just farming the airdrop.
legendary
Activity: 1596
Merit: 1288
March 28, 2024, 05:59:14 AM
#3
I do not like projects that start with comparisons and saying that it is the highest profitable protocol in the industry in just 3 weeks. Also, promises that this project is great and setting conditions such as Do not participate in the campaign if your intention is to farm and dump a quick airdrop are two contradictory things. The article is full of promises. Whoever holds USDe and any disposal of it means losing your investment.



The chart shows that a large portion of the liquidity will be released in 2025 in one go, which means that the price will collapse severely, which is not the behavior of stable currencies.
mk4
legendary
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Paldo.io 🤖
March 28, 2024, 05:38:42 AM
#2
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.
legendary
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Fully Regulated Crypto Casino
March 28, 2024, 04:13:42 AM
#1
Hello everyone the new project Ethena just announced their token launch and airdrop for users who are supplied stablecoin on their platform.

All details were indicated on their announcement.

https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/uCBp9VeuLWs-ul1b6AOUAoMg5HBB_iizMIi-11N6nT8

Ive personally farm this project using some of my stables since it has a lot of top tier backer including Binance and OKX and some notable people. Its just same with some native stable with a good protocol, sounds like terra but the team is good to prove that they can manage a system like ethena.

They will release their airdrop on April 2 including tge.
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