$ENA 📌My past airdrop earnings:
Q1: Did not participate, missed the biggest opportunity.
Q2: Released 5%, totaling 750 million coins, harvested 27,853.08 sENA.
Q3: Released 3.5%, totaling 525 million coins, harvested 50,950.82 sENA.
Q4: Released 3.5%, totaling 525 million coins, harvested 124,000 sENA.
Q5: Expected to harvest 107,700 coins, ending on March 24, 2026.
📌Ethena project background - latest developments
Ethena is the issuer of the third largest stablecoin USDe, with core products including USDe, USDtb stablecoins, and Whitelabel stablecoin infrastructure services. USDtb is one of the first stablecoins compliant with the (GENIUS Act). Whitelabel stablecoin infrastructure services allow other chains, wallets, or applications to quickly issue their own stablecoins to earn profits. Hyena is a DEX designed based on hyperliquid for USDe use, capable of trading contracts, spot, and RWA assets like stocks and indices, and when USDe is used as collateral, it can earn you an annualized return of 12%, along with additional Hyena points redeemable for USDe cash rewards.
Ethena has accumulated over $500 million in earnings over 25 years through funding rates, protocol fees, etc.
The listing plan for USDE has basically been completed, and it is expected to complete the NASDAQ listing in the second quarter, with the treasury asset being ENA.
Ethena has passed the Fee Switch proposal, and a portion of the protocol's income will be distributed to $ENA stakers, waiting for the right timing to launch, which will turn $ENA into a revenue-generating token.
There are many projects cooperating with the Ethena ecosystem: such as Ethereal, Strata, Echelon, Derive, Based, etc. Staking NA can earn their airdrop points, among which Echelon and Derive have already issued airdrops, and Based will issue airdrops on March 30 TGE; these three will no longer count points. Strata is expected to issue airdrops in June TGE this year, and there is currently no news from Ethereal.
📌ENA Season 6 Airdrop - Rule Introduction
Duration: March 26, 26 - September 26, 26, for a total of 6 months, rewards will be distributed in October as per usual.
1. Basic rules:
1. Stake ENA to obtain sENA and earn Ethena airdrop points as well as points from partner projects.
Ethena, 1 sENA earns 40 times points daily, and can also provide a points boost for USDe.
Strata, expected to issue rewards in June TGE. Strata Season 1 Airdrop Tutorial
Echelon has ended, and the rewards have been distributed.
Ethereal, a DEX based on USDe, has gone live and is accumulating points.
Based, TGE on March 30 and rewards issued.
Derive, an advanced on-chain options trading platform, has already issued airdrops. Derive New User Airdrop Tutorial
Other project points may be gradually added in the future.
Therefore, staking ENA now can simultaneously earn points from Ethena, Strata, and Ethereal.
If you lock sENA, i.e., lock sENA, the points for Strata and Ethereal will double. But unlocking requires 14 days, suitable for long-term holders.
sENA can provide point bonuses for USDe positions; if there is no USDe position, mining efficiency will be wasted.
2. Lock USDe to earn Ethena airdrop points. Usually, we would directly buy YT-USDe, YT-srUSDe, etc. to replace spot USDe, utilizing the bonus capability of sENA for arbitrage.
It is essential that the sENA position and the USDe position complement each other.
2. Advanced rules:
1. Ethena Boost Principle Tutorial Achieve maximum mining efficiency.
2. Pendle YT arbitrage.
Pendle platform's YT assets can convert small amounts of funds into large amounts of YT, amplifying mining capabilities, thus bringing more airdrop benefits. YT assets have an expiration date, and will no longer have value after expiration. This requires careful calculation of which YT asset has a higher arbitrage potential. Here I provide a dedicated calculation tool Airdrop Catcher Pro3.0-YT Arbitrage Version.
You also need to choose YT assets based on project analysis, or you can ask me to customize a special asset allocation plan for you to maximize your fund utilization rate and mining speed, while joining my group to stay updated.
3. Core strategy:
ENA is the cornerstone of the entire airdrop, the source for obtaining airdrops from other partners, and provides mining bonuses for USDe, allowing for strategic positioning at low prices and long-term holding. Wait for USDE to go public and the Fee Switch to open, completing the change in nature. Then combine with various YT assets for arbitrage mining to obtain more airdrops at lower costs, accumulating compound interest and reinvesting in mining.
📌ENA Season 6 Airdrop - Participation Method:
1. Go to the event official website to activate the empty investment qualification.
Official event address enjoy a 10% bonus:
https://app.ethena.fi/join/kxhze
Open the official event address, link your wallet, check to confirm the service agreement, and activate the empty investment qualification.
2. Deploy sENA positions + USDe-type positions to form mining combinations.
1. Buy ENA, transfer it to a web3 wallet, try to withdraw as much as possible at once to reduce fees.
2. Link to official website https://app.ethena.fi/join/kxhze
In the upper right corner, connect wallet, connect your wallet.
Click the three horizontal lines in the upper right corner to enter earn.
Click max under stake (pledge), select all ENA, and then confirm.
(If you have a small amount of funds, you can directly buy YT-sENA to replace spot ENA staking. 1 YT-sENA is equivalent to 1 sENA.)
3. Deploy USDe positions. Currently (as of writing), it is recommended to use Strata's YT-srUSDe for arbitrage, with a guaranteed annual interest of around 4% + Ethena airdrop points + Strata airdrop points. The three returns, as calculated, have very rich arbitrage potential.
Strata event address: https://app.strata.markets/?ref=PR8u2dqg
You can refer to Strata Season 1 Airdrop Tutorial.
Of course, you can also choose:
YT-USDe (the pool of Ethena's main protocol, purely earning Ethena airdrops).
※Taking Strata as an example.
Log in to the Strata official website with your wallet to activate empty investment qualifications and receive a 10% bonus:
https://app.strata.money/?ref=PR8u2dqg
Click sign to complete the registration for Strata Season 1 Airdrop.
In the Strata main menu, click POINTS, find Pendle srUSDe YT (Apr 26) at the bottom of the page, click Deposit on the right, then jump to Pendle to exchange for YT-srUSDe.
In the picture (as of writing), 10,000 USDT can be exchanged for over 400,000 YT-srUSDe, amplifying mining capabilities by over 40 times.
You can also use various coins in your wallet for exchanges, such as ETH, BTC, etc. It is on the Ethereum chain.
1 YT-srUSDe can obtain: a guaranteed annualized return of about 4% + 40 times Ethena points daily + 60 times Strata points daily, 1 fish 3 eats, the Ethena points obtained can be doubled by sENA, earning 80 times ENA points daily.
You can use Airdrop Catcher Pro3.0 YT Arbitrage Version to calculate specific earnings.
——At this point, you have completed the pairing of ENA and YT-srUSDe.
Your sENA position can also be replaced with YT-sENA, and the USDe position can be arbitraged with spot USDe or YT-USDe.
No matter which YT you choose, before participating, first go to the corresponding official website to activate your empty investment qualification and receive a 10% reward, with limited spots available on a first-come, first-served basis:
⭐️Ethena event official website: https://app.ethena.fi/join/kxhze
⭐️Strata event official website: https://deposit.strata.money/?ref=PR8u2dqg
⭐️Hynea event official website: https://app.hyena.trade/ref/HYENA66
⭐️HyperLiquid leads to $450 cash back on fees: https://app.hyperliquid.xyz/join/HY888
⭐️Derive professional futures platform: https://app.derive.xyz?ref=drv666
The advanced YT arbitrage tutorial can be viewed here. Pendle's YT arbitrage tutorial.
There are also 3 tools provided for everyone:
1. Reward Calculator - Basic Version 1.0, calculates your current earnings based on the points you have obtained, assessed daily.
2. Airdrop Catcher Pro2.0 Based on your mining speed, overview the changes in earnings for each day in the future, as well as the final earnings summary.
3. Airdrop Catcher 3.0 YT Arbitrage Version Does buying YT actually make money? Which type is more profitable? How much can be earned? This can all be calculated.
These tools can help you better calculate project returns and quantitative trading, making airdrop projects no longer a blind box. I will also periodically update more useful tools, and everyone is welcome to join my group or contact me for 1-on-1 Q&A, and customize funding allocation plans.
Driven by quantification, systematically exploring Web3 dividends.
Reconstruct airdrop strategies and define DeFi opportunities with data.
📌Other projects in the Ethena ecosystem - early airdrop opportunities:
1. Strata - Yield Aggregation Platform.
Airdrop event address: https://app.strata.money/?ref=PR8u2dqg
You can choose jrUSDe or srUSDe according to your risk preference. Different risks yield different returns, so you can choose what you need. This project is also very good. Check out my standalone tutorial Strata Season 1 Airdrop Tutorial.
2. Derive - Professional on-chain options platform.
Event address: https://app.derive.xyz?ref=drv666
Currently, there is a new user activity. After registering as a new user, make a bullish call and a bearish put option to receive new user rewards. Derive new user activity.
📌FAQ:
1. How to claim rewards:
The rewards for S5 will have a dedicated collection address, and I will release messages in a timely manner.
2. Can I unlock or remove staking midway?
Answer: You can unlock and withdraw at any time. There is a 7-day cooling period for unlocking sEAN staking. You can also choose to swap on the official website to directly exchange sENA for USDT or USDe, without a cooling period, but with some slippage. If sENA is locked, unlocking requires 14 days.
3. Will the points disappear after unlocking?
Answer: Unlocking, withdrawing, etc., points will not disappear, but your rewards will decrease. Because your points will no longer grow while others are mining, the total points will increase, so your reward share will become smaller.
4. How to calculate how many ENA the current points are worth?
Answer: You can use the ENA Airdrop Catcher - Reward Calculator in the airdrop community https://airdropzone.cn/ena.html.
If you need 1-on-1 guidance, you can contact me to join the communication group.
Help me spit a word after copying my post, those who finish the tutorial!
