Ethena

Ethena Heats Up: New Farming Opportunities Emerge Across Chains & Platforms!

Ethena has been on a tear, rolling out significant integrations and capacity expansions that spell exciting news for airdrop hunters! If you're looking to stack more Ethena Points or explore new reward streams, you'll want to pay close attention to the latest developments. From fresh DeFi loops to cross-chain expansions and major exchange partnerships, Ethena is making it easier than ever to participate and earn.

Here’s a breakdown of the key events you need to know:

Mega Capacity Boost for Pendle Loops!

Ethena has supercharged the opportunities for those engaging with their Pendle loops. The deposit caps for sUSDe November PT and USDe November PT have been dramatically increased by approximately 4x, now standing at a whopping $1.2 billion and $1 billion respectively. This translates to an impressive $1.7 billion of fresh capacity for Ethena x Aave x Pendle loops, meaning more room for you to farm those valuable Ethena Points!

• Tweet Link: https://t.co/ej4SyLipch

Avalanche Integration Unleashes New Ethena Point Farms!

Big news for Avalanche enthusiasts! Ethena assets, USDe and sUSDe, are now officially live on the Avalanche blockchain. This isn't just about expanding liquidity; it's a direct call to action for airdrop hunters. Eligible DeFi interactions on Avalanche using Ethena assets will now qualify for both AVAX rewards AND Ethena Points! You can bridge your USDe and sUSDe to Avalanche today directly via the Stargate Finance interface.

• Tweet Link: https://t.co/yiKxALPsyO
• Bridge via Stargate: https://t.co/6b56s4heJC

Cross-Chain sUSDe Staking Made Effortless with LayerZero

Getting your hands on sUSDe for staking and point accumulation just became significantly simpler. Ethena's sUSDe is now accessible from 18 chains, including major networks like Optimism, Base, Arbitrum, Berachain, Mantle, and BNB Chain, all thanks to the LayerZero_Core OVault. Users can now one-click stake USDe to sUSDe from their preferred chain, removing previous complexities and making it highly accessible to deposit USDe from anywhere and receive sUSDe everywhere.

• Tweet Link: https://t.co/LraPMiJIAl
• Day 1 Network Support: https://t.co/i7p8IPCpOw

Binance Partnership: A New Frontier for Reward-Bearing Collateral

Ethena has forged one of its most significant integrations to date by partnering with Binance. This collaboration aims to embed USDe across Binance's entire platform, reaching over 280 million users. Most notably for airdrop hunters, this includes USDe becoming reward-bearing collateral for futures and perpetuals trading. Keep an eye out for how this new avenue can translate into additional rewards and Ethena Points through your trading activities on Binance.

• Tweet Link: https://t.co/Rys4FKKd9t

Introducing MegaUSD (USDm): The Ethena Stack Powers New Stablecoin

Ethena has introduced MegaUSD (USDm), a new stablecoin built in collaboration with @megaeth_labs, leveraging the Ethena Stablecoin-as-a-Service stack. USDm will be backed by USDtb, with reserves primarily held in Blackrock BUIDL, and will serve as MegaETH's native stablecoin. While direct Ethena Point incentives for USDm aren't explicitly announced yet, new stablecoin launches powered by Ethena's technology often precede future opportunities for engagement and rewards within the expanding ecosystem.

• Tweet Link: https://t.co/qlINQ1C6a

Key Events for Airdrop Hunters at a Glance:

With these exciting developments, Ethena continues to expand its reach and create new pathways for users to engage with its ecosystem and earn rewards. Happy hunting!