The Ethena points event is about to end, don't miss the last opportunity.

Recent news suggests that the Ethena points program may be coming to an end. The market's implied annualized yield for USDe has reached an astonishing 170%, reflecting investors' high recognition of the project.

To help users seize the last opportunity, here are several main schemes for Ethena points mining, suitable for investors with different yield requirements and liquidity preferences:

Introduction to Ethena

Ethena is an innovative financial project where users can participate in ETH staking and short-selling by depositing stablecoins, thereby earning ETH staking rewards and short funding rate profits. The project has launched two types of token products:

1. sUSDe: A token that enjoys native interest, with returns reflected in the continuous increase of the sUSDe/USDe exchange rate. A 7-day unstake period is required to convert to USDe.

2. USDe: Interest-free token, primarily used for building liquidity in the DeFi ecosystem, and is also a major participant in the points activity.

Best Plan for Points Mining

1. Zircuit+USDe

   • Deposit USDe into a certain L2 platform
   • Earn 7x points and additional platform points
   • Instant unlock, optimal liquidity
   • Moderate returns with a larger amount

2. Directly lock USDe

   • Earn 10x points
   • 7-day unlock period
   • Balance between yield and liquidity
   • Remaining balance is large

3. Lock Curve USDe LP

   • Earn 15 times points
   • 21-day unlocking period, no earnings during the unlocking period
   • High yield, poor liquidity
   • The quota is almost full, need to wait for an opportunity

4. Hold sUSDe

   • Only 1x points
   • Up to 67% native yield (U-based)
   • 7-day unlocking period
   • Can be sold at a discount through DEX

5. Advanced Strategies (For Reference Only)

   • A certain liquidity protocol: Earn 200 times points using YT, the quota is full.
   • A certain lending platform: USDe circular lending, up to 90 times points, limited quota
   • These strategies carry higher risks and are only recommended for professionals to participate.

Considering that the points activity is about to end, investors should choose an appropriate plan based on their own liquidity needs and risk tolerance. Regardless of which strategy is chosen, it is important to fully understand the associated risks and allocate funds reasonably.