> For the complete documentation index, see [llms.txt](https://docs.bouncebit.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bouncebit.io/user-guides/cedefi-v3/ethena-less-than-greater-than-bouncebit.md).

# Ethena <> BounceBit

We have partnered up with Ethena to ship a new groundbreaking high-yield product in DeFi.&#x20;

You will earn sUSDE yield, ENA rewards, BB rewards and 5x sats/day towards Ethena’s ongoing Sats Campaign. In one product.

To participate you will need BBUSD on BounceBit Chain.

Policy:&#x20;

* BB rewards are accumulated every 4 hours
* sUSDe yield is accumulated every week 4PM UTC
* ENA rewards will be settled at the end of the Sats campaign. Refer to Ethena's announcements
* Unstaking is available 7 days after staking
* Unstaking takes 7 days to complete
* Redeeming comes with a 0.2% fee (charged by Ethena)

## How to participate:&#x20;

{% hint style="info" %}
Skip **`I.`** and **`II.`** if you already have BBUSD on BounceBit Chain.
{% endhint %}

### `I.` Get BBUSD

1\. Go to <https://portal.bouncebit.io/convert/wrapper>

2\. Click on 'Connect wallet' to connect your wallet with the portal.

3\. Choose the network that corresponds to the currency you wish to deposit:

* BNB Chain (coming soon): USDT (BEP-20)
* Ethereum: USDT (ERC-20)

4\. Type in the amount you wish to deposit into the provided field.

<figure><img src="/files/0nObgNrV63Tif8odlcfc" alt="" width="375"><figcaption></figcaption></figure>

5. Make sure to turn on 'Auto Bridge' switch and then click on 'Deposit and Bridge'.
6. Congratulations! Now, you have successfully deposited your funds into BounceBit.&#x20;

> *BBUSD (ETH,BSC,BB): 0x77776b40C3d75cb07ce54dEA4b2Fd1D07F865222*

### `II.` Stake your BBUSD with Ethena

1. Navigate to the 'Ethena' tab. <https://portal.bouncebit.io/dapp/ethena>

<figure><img src="/files/KWsZKIjoqDpGHZJEy4bT" alt="" width="375"><figcaption></figcaption></figure>

1. Input the amount you wish to stake and click on 'Stake'
2. Approve the transaction in your wallet and you are all set!