hiddengem

Ethena: The new LUNA - UST?

A thread 🧵👇

1/2

Ethena is offering an APY of over 27% for stablecoin sUSDe. People would think “Where is the yield coming from?”

=> From 2 sources:

- $ETH staking rewards: 4-6% per year.

- The premium from selling futures contracts: 20-40% in bull markets.

2/2

My strategy: Buy & Lock USDe to receive Shards => Hunting airdrop.

*Go big, because we all go home.

My ref code: app.ethena.fi/join/jqejn

Full-time crypto researcher. Tech enthusiast.
X: @WSG_research
/police, /buzz admin

Thanks ser,

Many whales on Ethereum have deposited millions USD into Ethena. Along with the influence of Arthur Hayes, I think we need to follow closely.

👀

New ponzi game for new bull cycle. Hope to see airdrop confirmation soon