Binance Labs has announced the first batch of projects in the S6 incubation program, and @ethena_labs is one of them. They completed a $6.5 million seed round led by @dragonfly_xyz. The airdrop activity is ongoing, now in cycle 1, you will be one of the earliest users.
Project Introduction:
Ethena is building derivatives infrastructure that enables Ethereum to transform into a global internet bond via delta-neutral positions on stETH, creating the first crypto-native, yield-generating stablecoin: USDE.
融资金额：2000w美刀
Investment institutions: Fidelity, Binance, Deribit, Gemini and Kraken are investors in this round of strategic financing
Airdrop expectations: There is definitely an airdrop
Steps:
This airdrop is very simple. It is on the ETH mainnet. If you want, you can wait for a low Gwei period. Currently, the number of participants is small. 2.70,000 people are very few for a large project with 20 million financing.
Open: app.ethena.fi/join/0ghn9
Buy USDe with any available asset
To lock USDe, I chose the USDe-USDC stable pair (locked for 21 days)
Staking USDe
To deposit LP (Liquidity Provider Funds) on Ethena:
Choose the pool you want
Deposit liquidity on Curve
Return to Ethena
Perform deposit operation
$USDe is supposed to be safe, a delta-neutral synthetic USD, fully endorsed, on-chain, censorship-resistant form of currency managed by @ethena_labs.