Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. Please disregard this activity if you are a user from the EEA. For more information, please click here.
You can now stake USDe on the Simple Yield Ethena USDe Pool via Binance Web3 Wallet to share $84,000 ENA rewards, 50% Sats points boost, and an approximately 4% APR yield. For more details, please visit the campaign landing page.
Campaign Period: 2024-08-22 00:00:00 to 2024-08-29 23:59:59 (UTC)
How to join the campaign and get USDe to stake in the Ethena USDe Pool?
You can deposit USDe or use the swap function to get USDe in your Binance Web3 Wallet:
- send USDe from an external wallet to your Binance Web3 Wallet using the [Receive] button. For more details, please refer to How to Send and Receive Tokens on Binance Web3 Wallet?.
- Using the [Swap] to get USDe as instructed by steps 1-2 below.
To opt-in to the campaign, please go to the campaign landing page, tap [Join Now].
1. Log into your Binance Web3 Wallet and go to [Swap].
2. Select your preferred chain and token under [From]. Under [To], select “Ethereum” and choose “USDe” as the token. Enter the token amount you want to swap, tap [Swap] and confirm the transaction.
3. Then go to [Earn] - [Simple Yield], tap [Stablecoins] - [USDe] - [Ethena].
To be eligible for the campaign rewards, you have to stake a minimum of 25 USDe. The transaction cost is approximately 0.0003 ETH. Please make sure you have a sufficient ETH balance in your Web3 Wallet..
4. Tap [Stake Now], then read the Terms of Use and tap [Confirm]. Enter a minimum of 25 USDe, confirm the transaction cost, then tap [Next].
5. Check that the details are correct before tapping [Confirm] to sign the transactions.
6. Once complete, you’ll see a [Transaction Submitted] pop-up and will receive USDe on Ethereum.
How to withdraw my USDe from this campaign?
1. Go to [Earn] - [Simple Yield], tap [USDe] - [Ethena] - [Redeem] to be redirected to the Ethena website.
2. Connect your Binance Web3 Wallet. Please make sure you’re on the Ethereum network.
3. Tap [Unstake] on the top menu. Enter the amount that you’d like to unstake and select [Unstake]. Check that the details are correct before tapping [Confirm].
4. Please note that there is a 7-day cooldown period before you can claim your USDe. Please wait patiently for the period to end.
