Ethena <> BounceBit

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

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:

• 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:

Skip I. and II. if you already have BBUSD on BounceBit Chain.

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.

1. Make sure to turn on 'Auto Bridge' switch and then click on 'Deposit and Bridge'.

2. Congratulations! Now, you have successfully deposited your funds into BounceBit.

BBUSD (ETH,BSC,BB): 0x77776b40C3d75cb07ce54dEA4b2Fd1D07F865222

II. Stake your BBUSD with Ethena

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

1. Input the amount you wish to stake and click on 'Stake'

2. Approve the transaction in your wallet and you are all set!