Flash News

Detailed Steps to Trade sUSDe YT on Ethena

According to @ai_9684xtpa, to trade sUSDe YT on Ethena, follow these steps: 1) Visit app.ethena.fi/join/xultr and connect your wallet. 2) On the Sats page under 'How to earn', select Pendle, find sUSDe YT, and click 'Zap in' to proceed. 3) On the Markets page, purchase sUSDe YT expiring on 07.25. Be cautious not to select the wrong expiry date. If you encounter 'Amount exceeds your available balance', convert your tokens to SY first. (Source)

More from Ai 姨 06-10-2024 01:17
Potential Risks Identified in Upcoming Airdrop Event

According to @ai_9684xtpa, there are several potential risks associated with the upcoming airdrop event ending on September 2nd. Market downturns before the event could lead to lower funding rates for shorting ETH, which would reduce sUSDe yields and subsequently affect YT staking rewards. Additionally, the influx of large investors could inflate the points pool, diluting individual point shares and impacting the final distribution of ENA tokens. Furthermore, there is a risk of a significant drop in the price of ENA tokens. (Source)

More from Ai 姨 06-10-2024 01:17
Potential Optimistic Scenarios for sUSDe YT Investments

According to @ai_9684xtpa, the returns from investing in sUSDe YT are always variable, with inherent risks and optimistic scenarios. For instance, reaching the 5B USDe staking hard cap before September 2, a surge in shorting ETH funding rates leading to increased sUSDe underlying staking yields, and a significant rise in ENA coin prices. (Source)

More from Ai 姨 06-10-2024 01:17
Ethena Season 2 Rewards Breakdown

According to @ai_9684xtpa, since the start of Ethena Season 2 on April 2nd, 4.37 trillion Satoshis have been distributed. If the points continue to grow linearly, they will reach 9.83 trillion by September 2nd, translating to a 0.009152% share for participants. Additionally, 750 million ENA tokens will be airdropped in total for Season 2, equating to 686.4 ENA tokens per participant, valued at approximately $565 at the current price of $0.823. Therefore, an investment of $439 could yield around $565 in 45 days. (Source)

More from Ai 姨 06-10-2024 01:17
Breakdown of YT Earnings for sUSDe

According to @ai_9684xtpa, a simple example demonstrates the breakdown of YT earnings. If you purchase 10,000 sUSDe YT tokens expiring on 07.25, currently valued at $439, you will receive two parts of earnings at maturity: 1) Staking earnings of $263.7, calculated as 10,000 * 0.000586 * 45, and 2) Points earnings of 9,000,000 Satoshis, calculated as 10,000 * 20 * 45. (Source)

More from Ai 姨 06-10-2024 01:17
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. (Source)

More from Ai 姨 06-10-2024 01:17
Ethena Season2 Airdrop and Pendle Leverage Strategy for $ENA

According to @ai_9684xtpa, there is an opportunity to buy $ENA at a third of its price by understanding the Ethena Season2 airdrop rules. By combining this with Pendle's leverage strategy, traders can achieve nearly 90% returns in just 45 days. The tweet provides a detailed breakdown of the 'sUSDe YT Ultimate Arbitrage Strategy' and its operational steps. (Source)

More from Ai 姨 06-10-2024 01:17
Political Instability in Europe: A Bullish Signal for Bitcoin

According to @CryptoMichNL, the political instability in Europe, marked by collapsing governments and significant victories for right-wing parties in the European elections, suggests a tumultuous period ahead. This environment is seen as favorable for Bitcoin, prompting a recommendation to go long on the cryptocurrency. (Source)

More from Michaël van de Poppe 06-09-2024 20:50
Polkadot's Strategic Move into Real-World Assets (RWA)

According to @CryptoMichNL, Polkadot is making significant strides by entering the Real-World Assets (RWA) segment, positioning itself as a market leader. The analyst believes that Polkadot ($DOT) is currently undervalued. Additionally, Polkadot has released the JAM Whitepaper, which represents the next major upgrade, Polkadot 2.0. These developments could have substantial implications for $DOT's market value and adoption. (Source)

More from Michaël van de Poppe 06-09-2024 16:58
Potential Breakdown in $FTM with Swing Trading Opportunities

According to @CryptoMichNL, Fantom ($FTM) is consistently making lower highs and lower lows, indicating a bearish trend. The $0.60 support level has been tested multiple times, suggesting a likely breakdown. The analyst has identified two areas of interest for potential swing trades in the near future. Further details will be shared soon. (Source)

More from Michaël van de Poppe 06-09-2024 15:30
Caution Advised for $FLOKI Swing Trades

According to @CryptoMichNL, $FLOKI has surged 1200% since the start of its current run and has performed a liquidity sweep above its previous high. Due to the significant increase, the risk of a heavy correction outweighs the potential for continued upward movement. Therefore, @CryptoMichNL advises against swing trading $FLOKI at this point and suggests waiting for a 30-40% correction before considering an entry. (Source)

More from Michaël van de Poppe 06-09-2024 14:01
Chainlink ($LINK) Seen as Heavily Undervalued with Potential for Significant Gains

According to @CryptoMichNL, Chainlink (LINK) is currently heavily undervalued. The analyst suggests that we are at the cycle low, presenting a final 'easy' opportunity to invest in this altcoin. Historically, the market rotation begins in June, and in previous years, LINK has delivered returns of up to 150%. (Source)

More from Michaël van de Poppe 06-09-2024 12:30
SUI Shows Strong Performance with Potential Upside

According to @CryptoMichNL, SUI is currently one of the strongest performers in the cryptocurrency market. The asset has made a higher low and is targeting a continuation towards $1.60, contingent on breaking above the $1.17 resistance level. (Source)

More from Michaël van de Poppe 06-09-2024 11:00
CryptoMichNL Advocates for Buying Altcoins Now

According to CryptoMichNL, now is the final opportunity to buy altcoins easily and cheaply. He has gone all-in on altcoins and shares his strategy in a new YouTube update. (Source)

More from Michaël van de Poppe 06-09-2024 09:00
Morning Greeting from CryptoMichNL

According to CryptoMichNL, the tweet simply conveys a morning greeting without any specific trading insights or market updates. (Source)

More from Michaël van de Poppe 06-09-2024 07:42
Whale Accumulates $PEPE Tokens from Kraken

According to @lookonchain, a whale has purchased 231.6 billion $PEPE tokens worth $2.9 million from Kraken 7 hours ago. Since March 16, this whale has acquired a total of 750.34 billion $PEPE tokens, valued at $8.34 million, at an average price of $0.00001111 per token. This significant accumulation could indicate a bullish sentiment towards $PEPE. (Source)

More from Lookonchain 06-09-2024 03:09
Insights on Banana Gun's 'First Snipe' Mechanism

According to @ai_9684xtpa, a detailed explanation of the 'First Snipe' mechanism related to Banana Gun can be found in a previous tweet. The tweet provides a link to a wallet address and suggests revisiting the earlier post for a comprehensive understanding. (Source)

More from Ai 姨 06-09-2024 02:10
Smart Money Profits from RCH Token on Ethereum

According to @ai_9684xtpa, the RCH token on Ethereum has reached a market cap of $73.5 million in just three days. A trader, identified by the wallet address 0xb4C...26F6D, profited 326.93 ETH (approximately $1.2 million) by sniping the token at launch using BananaGun. The trader spent a total of 392.23 ETH to buy 7.42 million RCH tokens, including 72.24 ETH (around $265,000) in bribes. The trader sold all holdings within an hour, securing the profit. If held until now, the RCH tokens would be worth $21.82 million. (Source)

More from Ai 姨 06-09-2024 02:10
Binance Offers $35 Worth of IO Tokens for New Registrations

According to @EmberCN, Binance is offering a reward of 8 IO tokens (valued at $35) to the first 700 new users who register using a specific link and complete a trade (spot, margin, or futures) with a volume of at least $100. Users beyond the first 700 will share a pool of 5,000 IO tokens. The promotion has just started, so traders are encouraged to register and trade quickly to maximize their rewards. (Source)

More from 余烬 06-09-2024 01:24
Binance New User Promotion Offering $32 in IO Tokens

According to @ai_9684xtpa, Binance has launched a new user promotion where participants can earn approximately $32 worth of IO tokens. Users who register through the provided referral link and complete transactions totaling at least $100 will be eligible. The first 700 users will receive 8 IO tokens each, while the remaining participants will share a pool of 5000 IO tokens. (Source)

More from Ai 姨 06-09-2024 01:10