Ethena Rewards and Yields Explained
According to @ai_9684xtpa, Ethena offers a reward of 20 Sats for each sUSDe YT held. The underlying APY for sUSDe maturing on 07.25 on Pendle is 23.82%, which translates to an APR of 21.41% when compounded weekly. The daily yield is approximately 0.0586%. In simple terms, purchasing 1 sUSDe YT yields the same daily return as staking 1 sUSDe plus an additional 20 Sats.
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@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references