ENA Airdrop event enters the third season, second season profit analysis and participation guide

The ENA airdrop activity is currently in its third season. The second season airdrop has been opened for collection, and some users have reported receiving 27,853 ENA, which is approximately 58,000 RMB at the current price of 0.3 U. They continue to stake and participate in the third season activities.

Season 2 Profit Analysis

A user reported that locking 26,000 ENA for one month received over 2,550 Airdrops, with a monthly interest rate of about 10%, which is a good performance. However, since May, the cryptocurrency market has been overall declining, with Bitcoin falling from $70,000 to over $50,000, and Ethereum from $4,000 to over $2,000, resulting in a significant devaluation of ENA. Users participating with USDe are not affected by price fluctuations and steadily receive Airdrop earnings.

Different participation methods' yield:

1. Lock USDe: 10000U generates 20 times points daily over a 180-day period, expected to earn 2321.58ENA. Based on a coin price of 0.25U, approximately 580U profit, annualized return rate of 11.77%. A rise in coin price will bring higher returns.

2. Staking USDe: Dynamic staking interest, initially reaching over 30% annualized, later dropping to below 10%. Official data shows that the overall comprehensive annualized interest rate exceeds 15% throughout the process.

3. Lock ENA (Season 2): Ignoring the price fluctuations of ENA, the six-month yield is approximately 30.5%, with an annualized rate of around 71%. However, the actual returns for users depend on the timing and price of ENA purchases.

Third Quarter Participation Guide

1. Preparation work:

   • Prepare USDT (for purchasing USDe) or ENA (for staking)
   • A small amount of ETH as gas fee (it is recommended to prepare about 20U worth of ETH)

2. Participation method:

   • Lock USDe: Earn 20 times points for each
   • Stake USDe: No points earned, but there is a dynamic interest (current annualized 10.5%)
   • Staking ENA: Earn 40 times points (Note that ENA is subject to price volatility risk)

3. Suggested Selection: Currently, 1 U can be exchanged for about 3.5 ENA. Staking ENA can earn 140 points, while locking 1 USDe only earns 20 points, a difference of 7 times. The specific choice should consider individual risk tolerance.

4. Operations for old users: Users participating in the second season need to convert their previously locked ENA into staking to increase their points from 30 times to 40 times.

The third quarter event will last for 6 months, expected to end in March next year. As of October 6th, a certain user has received 351.7M points and is expected to obtain approximately 270,000 ENA Airdrop rewards.

Finally, remind participants to pay attention to the CARV Airdrop event. The snapshot for CARV Season 1 was completed on October 1, and the airdrop is expected to be distributed soon. The project has a total of three seasons, and participants can still catch up on the subsequent airdrop opportunities.