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

This Pendle strategy returned 910%… WITH STABLECOINS! No leverage. No oversized risk. Just yield tokens, airdrop points, and overlooked math. Let’s walk through the csUSDL YT play and why it’s one of the cleanest asymmetric DeFi plays right now: 🧵👇