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#bitcoinhalving 💰 1,500,000 SATS UP FOR GRABS 💰 It's Friday... #BTC's been going to the moon recently... so why not? A great day for a HUGE 1,500,000 sat giveaway. LFG!! 🗣️ Here's how to play: 1⃣ Invite your friends to #emberfund ; they must mine at least TWICE and enter a minimum of THREE FREE tournaments. Press & hold on the link to copy it and paste it to your browser & join https://emberfund.onelink.me/ljTI/bce33290/?mining_referrer_id=MNGZNIF03FH 2⃣ Double your reward (if chosen) by liking, retweeting, and commenting on this post. 3⃣ 15 users will be chosen to win up to 100,000 sats! More friends = more entries and more chances to win! Deadline is April 22nd, and winners will be announced and paid by April 29th. Get all the details below ⬇️ #BinanceLaunchpool #Memecoins

#bitcoinhalving

💰 1,500,000 SATS UP FOR GRABS 💰

It's Friday... #BTC's been going to the moon recently... so why not? A great day for a HUGE 1,500,000 sat giveaway. LFG!! 🗣️

Here's how to play:

1⃣ Invite your friends to #emberfund ; they must mine at least TWICE and enter a minimum of THREE FREE tournaments.

Press & hold on the link to copy it and paste it to your browser & join

https://emberfund.onelink.me/ljTI/bce33290/?mining_referrer_id=MNGZNIF03FH

2⃣ Double your reward (if chosen) by liking, retweeting, and commenting on this post.

3⃣ 15 users will be chosen to win up to 100,000 sats!

More friends = more entries and more chances to win! Deadline is April 22nd, and winners will be announced and paid by April 29th. Get all the details below ⬇️

#BinanceLaunchpool #Memecoins

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#bitcoinhalving 🌖 Ethena Labs Creates Controversy with High Return Strategy and Compared to Terra Ethena’s token has sparked mixed reactions within the crypto community since its public launch in February. Stakeholders who stake USD for at least seven days are currently enjoying an annual return of approximately 37%. This high return enabled the total value locked (TVL) on the protocol to rise from $178 million to $2.3 billion in just 60 days. However, such high returns often come with inherent risks, reminiscent of Terra’s UST, which paid out around 20% to stakers before its collapse. Unlike asset-backed stablecoins such as Tether (USDT) and #USDC , which derive their value from reserves such as the dollar or US government debt, USDe operates as a synthetic stablecoin. The USDe’s $1 value is maintained through a financial strategy known as cash and carry trading, which involves simultaneously purchasing an asset and shorting its derivative to capture the funding rate. Although this trade is considered relatively safe in traditional finance, it is not without risks, especially regarding market volatility and currency issues. Folkvang CEO Mike van Rossum expressed cautious optimism about the strategy, while highlighting potential pitfalls including issues with currency management and trading in volatile markets. Ethena users mint USDe tokens by depositing stablecoins such as USDT, dai (DAI) and $USDC , and can then stake them to earn returns. To achieve these returns, the protocol uses various strategies revolving around cash and carry trading and takes advantage of positive funding rates on perpetual coins such as #Bitcoin❗️ ($BTC ) and #Ethereum✅ ($ETH ). Despite concerns, crypto whales have shown their confidence, with recent data showing a significant amount of money being deposited into Ethena’s governance token (ENA), which remains locked for seven days or more. But analysts like Arca’s Jeff Dorman warn about the risks of relying on market forces to generate returns. #BinanceLaunchpool
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