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  • Earn 148% ROI or 453% APY on Ethena Season 3 USDe YT with calculation

Earn 148% ROI or 453% APY on Ethena Season 3 USDe YT with calculation

Farming ENA with 148% ROI or 453% APY

Author

Oleksandr Vike
November 27, 2024

Ethena introduce Sats farming in season 3 same as in season 2.

Season 2 finished in September 2024 with an immediate start of Season 3, which will finish in March 2025.

Here are the calculations of ENA USDe YT farming, links to doc you will find at the end of post

Some comments:

  • Current amount of Sats issues are 7.7T and i assume close to 21T Sats by end of Season 3

  • ENA Price set to 0.65, but in case of further bullish market and ENA price at least $1 - ROI and APY will Skyrocket

If you have any questions, comments, changes or recommendation - let us discuss with pleasure

There are many platforms to farm ENA points, but I prefer Pendle.com. As you login to Ethena and Pendle by MetaMask or Phantom or another platform, you may start.

You can purchase USDe on Ethena website

We choose USDe with maturity 27 March 2025

After that step, select Purchase YT

Here are links to documents:

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