Ethena (@ethena_labs) Season 2 staking has officially started🔔

If you missed the YT with dozens of times the income in Season 1, the opportunity is here again: 100M quota on the ETH network, 100M quota on the Mantle network, among which staking in Mantle will give you extra EigenLayer points, realizing a real two-fish situation.

The current quota is reducing very quickly, friends who want to participate should hurry up; below are the detailed participation methods🧵👇

1/ How to operate

1️⃣ Visit the official website app.ethena.fi/join/xultr through the invitation link

2️⃣ Use ERC20 USDT to buy USDe

After obtaining USDe, you can choose the following participation methods according to your risk preference👇

2/ How to participate

1️⃣ If you choose to pledge directly, you will get 20 times the points

2️⃣ If you choose to lock up and obtain the sUSDe certificate, you will receive a share of the Ethena project revenue and 2x points.

3️⃣ If you choose to buy YT at Pendle, you will get 90 times the theoretical points!

If you just want stable annualized returns, you can also buy PT on Pendle. The current annualized returns are as high as 100%.

3/ How to get 90x points with Pendle

Select "YT USDe" in Pendle. Currently, 1 USDe can purchase 4.5 YT, which is equivalent to 90 times points. However, the principal will decrease over time. Of course, you can also choose to withdraw early at any time.

Portal 👉 app.pendle.finance/points/USDe-0x…

4/ If you participate in Mantle, you will eat two fish.

1️⃣ Purchase $MNT on the exchange and choose the Mantle network to withdraw to the wallet (as gas fee)

2️⃣ Cross-chain USDe to the Mantle network through Stargate

3️⃣ Go to Pendle and repeat the above steps

Currently, the Ethereum main network has a remaining quota of 40M, and the Mantle network has a remaining quota of 67M. First come, first served.