Users parking USDe in smart contract wallets are unlocking serious perks: 10x multiplier on Ethena Sats rewards plus zero-cost transactions directly on Ethereum mainnet. The numbers tell the story—roughly 85% of Ethena's holdings sitting in these accounts are already wrapped in sUSDe form, signaling strong protocol adoption and user confidence in the yield mechanism.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
10
Repost
Share
Comment
0/400
SellTheBounce
· 10h ago
Looking at this 85% data, it's clear that the bagholders need to wake up. A 10x return sounds great, but there's always a lower point waiting for you.
View OriginalReply0
SchrodingerWallet
· 01-15 09:51
sUSDe is really impressive this time, with 85% of the holdings fully invested. This is what you call voting with your feet.
View OriginalReply0
GasFeeCrier
· 01-15 00:49
sUSDe's 85% share sounds good, but how long can this really last? A 10x Sats sounds like just another trick to stimulate consumption.
View OriginalReply0
OnchainArchaeologist
· 01-14 23:41
10x multiplier? Sounds pretty tempting, but isn't this 85% figure a bit too idealized?
View OriginalReply0
GateUser-e87b21ee
· 01-13 18:09
sUSDe this wave is really awesome, who wouldn't be tempted by 10x speed to farm sheep, and 85% of the data is not just talk.
View OriginalReply0
CryptoDouble-O-Seven
· 01-13 18:08
A 10x multiplier sounds great, but is this 85% really reliable? It all feels a bit too good to be true.
View OriginalReply0
ser_ngmi
· 01-13 18:08
ngl, these 10x multiples sound good, but can they really stay stable?
View OriginalReply0
SatoshiHeir
· 01-13 18:05
It should be pointed out that behind this 85% sUSDe wrapping rate, it is not actually "user confidence," but an inevitable result of arbitrage mechanisms. On-chain data indicates that the real issue is— the argument of zero-cost trading itself is a fallacy.
View OriginalReply0
GmGmNoGn
· 01-13 18:03
10x reward? Just hearing about it is enough. I still think it's too good to be true and a bit risky.
View OriginalReply0
PhantomMiner
· 01-13 17:57
Is a 10x return multiplier real? It feels too outrageous.
Users parking USDe in smart contract wallets are unlocking serious perks: 10x multiplier on Ethena Sats rewards plus zero-cost transactions directly on Ethereum mainnet. The numbers tell the story—roughly 85% of Ethena's holdings sitting in these accounts are already wrapped in sUSDe form, signaling strong protocol adoption and user confidence in the yield mechanism.