TON Wallet Earn has five high-yield incentive activities with APYs ranging from 15% to 150%. A simple calculation of the earnings from filling the incentive cap:
TON: The first 500 TON have a 25.44% APY in the first 60 days, daily earnings = 0.316 TON = 1U
Dollars: The first 25,000 USDe have an 18% APY, daily earnings = 11.34 USDe
TON&Gold: The first 300 TON have a 150% APY, daily earnings = 0.00078 XAUT = 2.6U
Gold: The first 0.09 XAUT has a 15% APY, daily earnings = 0.0000345 XAUT = 0.1U
TAC: 120% APY, deposit limit of 550,000 TAC, daily earnings = 1208 TAC = 17U
After exceeding the limits, there are actually APYs that outperform exchange financial products, such as 4.54% for TON, 7.07% for Dollars, 10% for TON&Gold, and 4% for Gold.
Recommended strategy
First, fill the 500 deposits of TON Earn, and the rest can be deposited into TON&Gold, because the interest rate remains impressive after leveling out.
Moreover, the earnings from TON&Gold can be withdrawn daily, allowing for immediate reinvestment into Gold Earn for profits.
How do I participate?
Recently, I deposited Ethena's tsUSDe into EVAA, then borrowed TON, and subsequently staked it into the TON Wallet's 'TON&Gold', and the daily earnings are still quite considerable.
Additionally, there's Dollars Earn which is a no-brainer deposit. It deposits in USDT, but the backend converts it into USDe for accumulating returns. The incentive cap is high, essentially allowing for effortless high-interest earnings, although the incentive activity is likely nearing its end, hopefully it can be extended!
Additionally, there was the Tonstakers financial activity previously done with the Binance wallet, which also had a stable APY of nearly 20%, providing an alternative option.
Summary
TON Wallet, as the basic entry point of the TON ecosystem, seems to play a role similar to a financial management function of an exchange, allowing users to earn high-interest returns without needing to interact with on-chain protocols.
My participation strategy not only allows me to earn 10% interest on tsUSDe itself but also to receive airdrop points from Ethena+EVAA, making it worthwhile to try for both earnings and points.
However, I was surprised that the competition in the EVAA points leaderboard is quite fierce. It took two weeks of staking just to get into the top 7,000?
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※Ethena code:
eu54u
※The above content does not constitute investment advice. Users should operate according to their own risk tolerance and participate in the investment market cautiously, DYOR.
※The attached image is sourced from TON Wallet