One article will help you understand the latest project of #Binance
@ethena_labs and mining yield calculation
Binance’s 50th phase of mining activity to obtain token Ethena ($ENA ) by staking BNB and FDUSD, three days in total from March 30 to April 1, the attribute of #bnb金铲子 is reflected again
In the bear market, you accumulate principal and hoard coins, and in the bull market, you participate in making new investments. This law has become the consensus of most people in the industry, and there are still a few who strictly implement it. Many of them slap their thighs afterwards (most of the time I am)
In the eyes of many novice friends, new mining is a "big player's game", but if you actually calm down and analyze the fundamentals of the project and the participation data, you will find that the benefits are still very considerable.
First, let’s introduce the Ethena project to make a preliminary judgment on whether this project is worth participating in mining?
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for currencies that do not rely on traditional banking system infrastructure.
Its synthetic U.S. dollar USDe will provide the first censorship-resistant, scalable and stable cryptocurrency-native solution for funding via delta-hedged Ethereum collateral
As a new generation innovation leader on the stablecoin track, the current TVL has reached 1.5 billion US dollars.
The initial circulation of 1.425 billion accounts for 9.5% of the total supply, and the Binance Launchpool (mining) 300 million accounts for 2% of the total supply. Regarding the airdrop part, the airdrops for the first 2,000 users are locked and released in batches.
The initial flow pressure is relatively small
Summary: The overall initial circulation of Ethena is small, and the recent market environment has been good. It is one of the historical projects launched on Binance that won a very good bid.
Then, with reference to the return rate of Binance’s historical mining activities (at least 8-10 return), based on the last round private placement price of 0.02U, 10 times 0.2U, the junior sister will calculate the expected return for the friends based on the latest data on March 31. .
Let me tell you a few key pieces of information. I know you don’t like to read long articles. I have made the rest of the information into tables to make it more clear at a glance.
This event is divided into two pools: BNB and FDUSD. The mining cycle is: 3 days.
Estimated yield: FDUSD is 0.64%, BNB is 0.44%, annualized yield: 77.86%, 54.16%, without considering loan interest.
(It should be noted that since the time of publishing this article is already the last day of mining activities, the rate of return has dropped significantly compared with the previous two days)
The price of BNB has also experienced a significant increase due to this event. Under the recent bull market, the speed of listing coins on Binance has significantly accelerated. Therefore, it is a good strategy to consider hoarding BNB when the price is low.
In a word: when the bull market is coming, you can trust Binance!
#bnb金铲子 #Launchpoolrewards #ENA
@ethena_labs and mining yield calculation
Binance’s 50th phase of mining activity to obtain token Ethena ($ENA ) by staking BNB and FDUSD, three days in total from March 30 to April 1, the attribute of #bnb金铲子 is reflected again
In the bear market, you accumulate principal and hoard coins, and in the bull market, you participate in making new investments. This law has become the consensus of most people in the industry, and there are still a few who strictly implement it. Many of them slap their thighs afterwards (most of the time I am)
In the eyes of many novice friends, new mining is a "big player's game", but if you actually calm down and analyze the fundamentals of the project and the participation data, you will find that the benefits are still very considerable.
First, let’s introduce the Ethena project to make a preliminary judgment on whether this project is worth participating in mining?
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for currencies that do not rely on traditional banking system infrastructure.
Its synthetic U.S. dollar USDe will provide the first censorship-resistant, scalable and stable cryptocurrency-native solution for funding via delta-hedged Ethereum collateral
As a new generation innovation leader on the stablecoin track, the current TVL has reached 1.5 billion US dollars.
The initial circulation of 1.425 billion accounts for 9.5% of the total supply, and the Binance Launchpool (mining) 300 million accounts for 2% of the total supply. Regarding the airdrop part, the airdrops for the first 2,000 users are locked and released in batches.
The initial flow pressure is relatively small
Summary: The overall initial circulation of Ethena is small, and the recent market environment has been good. It is one of the historical projects launched on Binance that won a very good bid.
Then, with reference to the return rate of Binance’s historical mining activities (at least 8-10 return), based on the last round private placement price of 0.02U, 10 times 0.2U, the junior sister will calculate the expected return for the friends based on the latest data on March 31. .
Let me tell you a few key pieces of information. I know you don’t like to read long articles. I have made the rest of the information into tables to make it more clear at a glance.
This event is divided into two pools: BNB and FDUSD. The mining cycle is: 3 days.
Estimated yield: FDUSD is 0.64%, BNB is 0.44%, annualized yield: 77.86%, 54.16%, without considering loan interest.
(It should be noted that since the time of publishing this article is already the last day of mining activities, the rate of return has dropped significantly compared with the previous two days)
The price of BNB has also experienced a significant increase due to this event. Under the recent bull market, the speed of listing coins on Binance has significantly accelerated. Therefore, it is a good strategy to consider hoarding BNB when the price is low.
In a word: when the bull market is coming, you can trust Binance!
#bnb金铲子 #Launchpoolrewards #ENA