The airdrop has been confirmed
Strata X Ethena X Ethereal
@strata_money @ethena_labs @etherealdex
Strata is a Perpetual Yield Tranching Protocol that offers two tranche tokens, stUSDe and stJLP, based on Ethena's reward-based synthetic dollar, sUSDe, which can be selected according to the investor's risk preference. (However, currently only pUSDe (1:1 with USDe) is available as it is Season 0.)
A week ago, Strata's SeaSon 0 started, and after depositing USDe, you can receive pUSDe. It seems that those who hold it can earn Ethena & Strata Points (30x) and Ethereal Points, so it might be worth trying for those who have increased their Stable ratio after organizing their current and futures.
After discussing with the team members on DisCord, it seems that SeaSon 0 is scheduled to last for 3 months, and the TGE & AirDrop will take place simultaneously at the end of SeaSon 1. (Additionally, the Strata Team is planning the TGE & AirDrop for the end of this year.)
Currently, it is SeaSon 0 (pre-deposit period), so only Points can be earned. After the mainnet launch, a profit structure (stUSDe/stJLP tranche structure) is expected to be introduced. (In the case of pUSDe, it can be swapped for USDe at any time, and it seems that many people are interested in Ethereal, so I plan to cover TGE & AirDrop as well.)
On September 24, Ethena's SeaSon 4 is scheduled to end. However, as is generally the case, after the end of a SeaSon, there will be an internal settlement and review process before the schedule is announced. Therefore, this SeaSon 4 AirDrop is expected to take place in mid-October.
It's been about a week since SeaSon 0 started, and the TVL is around 25M.
How to participate: Prepare USDT (Ethereum Mainnet)
It's been about a week since Season 0 started, and the TVL is around 30M.
How to participate: Required item USDT (Ethereum Mainnet)
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