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Ethena is a synthetic dollar protocol built on Ethereum, providing a crypto-native solution for money that is independent of the traditional banking system infrastructure, along with a globally accessible savings instrument denominated in dollars — "Internet Bonds".
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How to participate
Here's a step-by-step guide to participating in Bybit Spot X Launchpool projects.
Terms
Stake your funds and receive tokens for free.
During this period, stake ENA and USDT to win a share of the 15,000,000 ENA prize pool!
To participate in the staking on Bybit Pool KYC Level 1 verification is required
- Total rewards: 7,500,000 ENA
- Minimum staking amount: 100 ENA
- Maximum staking amount: 5,000 ENA
- Total rewards: 7,500,000 ENA
- Minimum staking amount: 100 USDT
- Maximum staking amount: 2,000 USDT
Daily yield = [(amount of ENA or USDT) / (total amount of ENA or USDT staked by all participants)] × (daily ENA prize pool)
The daily yield will be calculated the next day (T+1) after staking ENA or USDT. The calculated yield will be automatically credited to your funding account the day after the calculation period (T+2). Yield information will be updated daily at 03:00 MSK.
Our participation
We will be entering with 4 of our accounts to the maximum limit in the USDT pool of $8,000. After the staking period ends, we will share our results. The USDT pools are absolutely risk-free!
It is not necessary to withdraw the deposit early; the staking history will specify an auto-redemption date, and after the pool closes, additional accruals will be received for these days, and the yield will be higher than it was during its operation, as some participants withdraw.
Our results
The staking in the Bybit Pool with the ENA token has concluded. Over 9 days, there were 8 accruals, as the deposit starts working the following day. From 2000 USDT, we received 185.6 ENA coins, which is about 260$ today (as of 11.04.2024, the rate is 1.4$). 13.3% profit from the deposit amount.
We participated with 4 accounts at the maximum USDT allocation, totaling 742 ENA, which is 1020$. For those who have spare USDT, let's participate in such pools EVERYONE! We remind you that this is earning WITHOUT risks! We do not plan to sell the coins yet; we will try to sell them at a higher price.
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