Sharing strategies for earning Ethena airdrops on Arbitrum ($ARB )

Following the 60% annualized return of Pendel USDe mentioned in the previous article, since Pendle’s long-term PT annualized return is not high and I need to ensure that Ethena is eligible for the second quarter airdrop, this time I chose to directly pledge USDe in Ethena's L2 cooperation pool.

I believe everyone has heard of the old DEFI protocol Synthetix ($SNX )! Its protocol tokens have already been circulated in Binance’s trading market, and have a certain level of reputation and stability.

Synthetix has also partnered with Ethena to launch a USDe staking pool on Arbitrum!

1. APR interest rate:

It fluctuates between 20 and 30%, and is currently 21.39%.

2. Staking rewards:

ARB token, an ecological incentive provided by the Arbitrum Foundation, can be withdrawn at any time.

3. Ethena ($ENA ) airdrop points:

20x, which belongs to the Layer 2s category and can be viewed on the dashboard.

Another big advantage of choosing Synthetix is:

No interest rate loan!

After we pledge USDe into the Synthetix pool, we can loan out the stablecoin USDx without interest. DEFI veterans can use this loan to perform more operations to improve the efficiency of fund use!

Friends, if you think it’s good, hurry up and give it a try!

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If you want to participate in the airdrop of Ethena Season 2 next, please use my invitation code on the invite code on the Ethena homepage:

eu54u

※ The above content is purely personal sharing and is not sponsored. It does not constitute investment advice. Once again, I would like to remind you that participating in decentralized finance (defi) has its risks. Users are asked to DYOR and evaluate their own personal risks.

#Synthetix #Ethena #Airdrops #USDe