Ethena Arbitrage Tutorial
$ENA #加密总市值创历史新高
Ethena has firmly established itself as the third largest issuer of the stablecoin USDe, and it is historically the most successful stablecoin to reach a scale of 10 billion USD.
It only took a little over 500 days
Ethena Season 4 airdrop arbitrage strategy
1. Open the official website, connect your wallet, and activate airdrop eligibility, otherwise you won't earn points.
https://app.ethena.fi/join/kxhze
2. Buy YT-USDe at Pendle to earn airdrop points
https://app.pendle.finance/trade/markets
Just buy it and wait for the airdrop.
Principle:
1 YT-USDe earns 60 points per day. Currently, 1M points can be exchanged for 12.84 sENA.
The principal of 1000u in the image can ultimately earn 58177.5 x 60 points/day x 44 days = 153.5886M points.