ENA Airdrop Q3 Event Analysis and Participation Guide

Since March of this year, the ENA Airdrop event has entered its third season. The second season airdrop is now open for collection, and I successfully withdrew 27,853 ENA. Based on the current coin price of approximately 0.3 U, this is worth about 58,000 RMB. These tokens have been further staked in the third season event.

Second Quarter Earnings Review

Participants reported that locking 26,000 ENA for one month yielded over 2,550 Airdrops, with a monthly interest rate of about 10%, which is quite impressive. However, since May this year, the cryptocurrency market has been on a downward trend, with Bitcoin falling from $70,000 to over $50,000, and Ethereum dropping from $4,000 to over $2,000, leading to a significant decline in ENA as well. This has affected the overall asset value of users participating in ENA. In contrast, users participating with USDe have consistently received Airdrop earnings.

1. Locking the yield of USDe: 10000U generates 20 times points daily, allowing for approximately 2321.58ENA within a 180-day period. Based on the current price of 0.25U, the profit is about 580U, with an annualized return rate of approximately 11.77%. If the coin price rises, the returns will be even more impressive.

2. Yield of staking USDe: Due to the lack of points, the earnings come from dynamic staking interest. Initially, it reaches over 30% annualized, later dropping to below 10%. Official data shows that the overall annualized interest rate exceeds 15%.

3. The yield rate for locked ENA: Without considering the price fluctuations of ENA, the six-month yield is approximately 30.5%, with an annualized rate of about 71%. However, the actual yield depends on the individual's purchase timing and price of ENA.

Third Quarter Participation Guide

1. Preparation:

   • Prepare USDT (for purchasing USDe) or ENA (for staking) in the Web3 wallet.
   • Prepare a small amount of ETH as gas fee (suggested around 20U)

2. Participation Method:

   • Lock USDe: Earn 20x points for each
   • Staking USDe: no points earned, but there is interest income (currently annualized at about 10.5%)
   • Stake ENA: Earn 40x points (Note that ENA is subject to price volatility risk)

3. Suggested Choices: Currently, 1 U can be exchanged for approximately 3.5 ENA. Staking ENA can earn 140 points (3.5 * 40), while locking 1 USDe only earns 20 points, a difference of 7 times. The specific choice needs to weigh risks and rewards.

4. Notes for Old Users: Participants in the second season need to convert their previously locked ENA to stake, in order to increase the 30x points to 40x.

5. Activity Cycle: The third quarter event lasts for 6 months and is expected to end in March next year.

Latest developments

As of October 6, the author has accumulated 351.7M points and is expected to receive an airdrop reward of about 270,000 ENA.

Reminder: Users participating in the ENA Airdrop should not forget to interact with the Airdrop on the CARV platform daily. The first season of the CARV Airdrop completed its snapshot on October 1st and is expected to be distributed soon. There are a total of three seasons, and it is not too late to participate now. The author will update the latest news regarding the Airdrop distribution in a timely manner.