Zero nonsense, direct bookmarking It's $ENA's the turn of the explosion again Update the @ethena_labs Q4 Points Value/Annualized Statement now The following is a trial calculation of $ENA = $0.55 / $0.45 Every 1M cent can be exchanged for about 15 coins or equal to ~$8 (ENA@$0.55) The $USDe market for 60x Sats on Pendle is about 17.8% annualized

2/ In addition, I have monitored that the growth of Sats points has not accelerated significantly in recent days Probably because some of the funds were transferred to the staking interest-bearing version with a lower points multiplier $sUSDe (the interest comes from the hedging Funding Fee rate income, and the APY is expected to reach about 11% next week)

3/ Enter my points annualized valuation into @pendle_fi's computer function You can roughly calculate the expected return ROI (net profit) of buying YT If you buy YT-USDe as shown in the figure below, and the annualized expectation of 60x points is 17.8%, then YT is expected to earn 41% ROI after deducting the purchase cost after holding the YT expires The calculator takes into account the fees and slippage of buying YT at market price, as well as the 5% profit commission on YT NFA！ The value of points is variable, so it's best to reserve enough safe space YT is a highly leveraged non-principal-protected derivative, so don't follow if you don't know it

@shitou981 @pendle_fi However, please note that the table shows Sats points APY only So before sENA is counted, you can also mine Ethereal Echelon Terminal Strata The value of these sub-projects is not known for the time being!