Ethena price

[Emergency] Next month's Pendle distribution of earnings + airdrop package might be the most luxurious in history! $FF $ASTER $ENA $BARD $RESOLV … The snapshot is today (UTC 0 time, September 20th, 00:00) All you need to do is maximize your vePENDLE holdings. VinC is also reminding everyone, even at the cost of dilution… Several major projects for mining points are launching tokens at the end of September: including @FalconStable / @Aster_DEX / @ethena_labs (Q4) and other valuable airdrops! @pendle_fi takes 5% of the YT mining points airdrop, and then 80% is distributed to vePENDLE holders! Let's roughly calculate the value: 1️⃣ Ethena $sENA airdrop YT commission is about $12M (refer to @PendleIntern's post: ) 2️⃣ Falcon $FF airdrop YT commission is about $1M (based on 1B FDV 5% airdrop, 40% of points from YT calculation) 3️⃣ Aster $ASTER airdrop YT commission is about $250K 4️⃣ Plus other small ones $BARD $RESOLV (✤ Note: Project airdrops may have some locks, so they won't all be distributed in one month / and the above times and numbers are only rough estimates, for reference only) 💰 Plus, with the recent active trading in the Pendle market, over $2M in income can be distributed each month. I expect the dividends in October to be around $7-$8M, and then continue to distribute about $3-$4M each month (not considering token volatility). OK 💡 How to qualify for vePENDLE airdrop dividends? Snapshots are taken on the 20th of each month (UTC standard time, 00:00)! Then airdrops are distributed based on the vePENDLE holdings at the snapshot (vePENDLE represents your "voting power"). To maximize your vePENDLE, you can… ✤ Stake more $PENDLE to lock into vePENDLE, or ✤ Extend the lock-up period to two years (the longer you lock, the higher the vePENDLE amount). Airdrop and fee income are generally distributed about three weeks to a month after the snapshot, and the amount of airdrop tokens Pendle receives during the period from the snapshot to distribution will determine how much is distributed! ～～～ ❖ Staking and locking for vePENDLE earns protocol income dividends. vePENDLE tutorial: ❖ What is the $PENDLE token model? Emission, inflation? Market cap, circulation? Unlocking? All explained in this post (written a year ago, the latest $PENDLE annual inflation rate is now only about 3%): ～～～ Don't want to lock vePENDLE? You can consider buying and staking liquid $mPendle or $ePendle to also receive airdrop conversion income, which can be converted to staking annualized about a month after the airdrop. Plus, the current exchange rate of mPendle and ePendle to $PENDLE is below 0.5, meaning the airdrop annualized can have more than double "leverage." DYOR: Understand mPendle and ePendle 👉 ～～～ VinC is also reminding everyone, even at the cost of dilution… If you appreciate the alpha in this post, please like, share, and comment 🙏 (✤ Note: The timing, quantity, and value of project airdrops can only be rough estimates, for reference only) End.