It's a perfect moment to take a look at @ethena_labs and its yield-bearing stablecoin ​ Why? ​ They just announced $USDe will be available on $TON, and by being on @ton_blockchain, it also means that it will be available to basically every @telegram user ​ Hold, send, receive, stake and spend $USDe directly from a Telegram Mini App ​ Ethena's synthetic $USD is the 3rd biggest stablecoin, with $4.67B in market cap, it's also the #26 crypto by capitalization Its success is thanks to the innate yield it provides to holders ​ Stake it and you'll get $sUSDe, which has an APY of ~18% ​ ▶️ Remember that it's a stablecoin ​ Most yields on $ETH or $SOL (or other alts for what matters) don't get that high ​ Plus you get $ENA rewards for using Ethena's protocol ​ Where's the degen part? ​ Let's have a quick detour on @pendle_fi 👇 When you open Pendle's dApp, Ethena is the first 2 options that come out ​ You know the drill about Pendle (if you don't, study up): Split a token into principal and yield, speculate on APYs variation, add an infinity of letters to a ticker to earn more ​ You can do quite a good number of things with both $sUSDe and $USDe, and on multiple chains (BSC, $ETH, $BERA) ​ ▶️ Add a nice 6/7% APY on top of the base one if you're a chill guy ​ Or go full degen and hunt for crazy ROIs by speculating on the yield rising ​ I've seen some people achieve ridiculous APYs to up of 640%, of course with some help from the market, but still ​ And I've only looked at Pendle here, definitely worth keeping an eye on Ethena's DeFi
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