Ethena Labs 提高稳定币质押奖励，与中心化交易所集成

Ethena Labs 是一种合成稳定币协议，已与 Binance、Bybit、OKX 和 Bitget 的中心化交易钱包集成。用户质押 USDe 稳定币 7 天以上将获得 20% 的奖励提升。该协议目前的 TVL 为 22.74 亿美元，年收入为 1.78 亿美元，其高收益吸引了大量使用。

Ethena Labs Bolsters Integration with Centralized Exchanges, Augmenting Rewards for Stablecoin Staking

Ethena Labs 加强与中心化交易所的整合，增加稳定币质押的奖励

April 10, 2023 - Ethena Labs, the innovative synthetic stablecoin protocol, has announced its strategic integration with centralized exchange wallets from leading platforms such as Binance, Bybit, OKX, and Bitget. This integration, effective immediately, provides users with enhanced opportunities to earn substantial rewards while staking USDe stablecoins.

2023 年 4 月 10 日 - 创新的合成稳定币协议 Ethena Labs 宣布与 Binance、Bybit、OKX 和 Bitget 等领先平台的中心化交易钱包进行战略整合。这一整合立即生效，为用户提供了在质押 USDe 稳定币的同时赚取丰厚奖励的更多机会。

Exclusive Incentives for Exchange Wallet Staking

交易所钱包质押的独家奖励

In a significant move, Ethena developers have introduced a compelling incentive program for users who lock USDe stablecoins for a minimum duration of seven days through exchange Web3 wallets. These users will receive an exclusive 20% boost in rewards, commencing immediately. The accrued incentives can be effortlessly converted into the platform's native ENA token upon the completion of each staking campaign.

Ethena 开发人员采取了一项重大举措，为通过交换 Web3 钱包锁定 USDe 稳定币至少 7 天的用户推出了一项引人注目的激励计划。这些用户将立即获得 20% 的独家奖励提升。每次质押活动完成后，累积的激励可以轻松转换为平台的原生 ENA 代币。

To participate in this rewarding program, users must deposit Ethena USDe stablecoins into their exchange wallets, connect to the Ethena decentralized finance (DeFi) protocol, and stake their holdings. Ethena currently boasts an impressive total value locked (TVL) of $2.274 billion, generating an annualized revenue of $178 million.

要参与此奖励计划，用户必须将 Ethena USDe 稳定币存入其交易所钱包，连接到 Ethena 去中心化金融 (DeFi) 协议，并质押其持有的资产。 Ethena 目前拥有令人印象深刻的总锁定价值 (TVL) 22.74 亿美元，年化收入为 1.78 亿美元。

Ecosystem Rewards Drive Adoption and Usage

生态系统奖励推动采用和使用

The ecosystem rewards offered by Ethena have garnered significant traction and user engagement. Recent data from blockchain analytics firm Lookonchain reveals that during Ethena Staking Season 2, the top 10 wallets collectively withdrew and staked a substantial 37.5 million ENA (approximately $51 million).

Ethena 提供的生态系统奖励获得了巨大的吸引力和用户参与度。区块链分析公司 Lookonchain 的最新数据显示，在 Ethena Stake 第 2 季期间，排名前 10 的钱包总共撤回并质押了 3750 万个 ENA（约合 5100 万美元）。

The platform's initial launch of the USDe stablecoin on March 8th garnered widespread attention by offering a highly competitive 67% annual percentage yield (APY) on USDe. While the current APY stands at 24%, it is noteworthy that these yields are subject to inherent risks, as they are contingent on trading income derived from complex Ethereum derivatives to fulfill promised returns.

该平台于 3 月 8 日首次推出 USDe 稳定币，凭借极具竞争力的 67% 年收益率 (APY)，引起了广泛关注。虽然目前的 APY 为 24%，但值得注意的是，这些收益率存在固有风险，因为它们取决于复杂的以太坊衍生品的交易收入以实现承诺的回报。

Addressing Concerns and Ensuring Sustainability

解决问题并确保可持续性

In response to concerns raised regarding the high yields offered by Ethena, Guy Young, the founder of Ethena Labs, has vehemently refuted comparisons to the ill-fated Terra stablecoin, TerraUSD (UST), characterizing such comparisons as "knee-jerk reactions." Young emphasized that Ethena's yields are "organic and sustainable," unlike the unsustainable returns generated by Anchor's yield, which, according to Young, were primarily driven by venture capital investments rather than actual trading income.

为了回应人们对 Ethena 提供的高收益的担忧，Ethena Labs 的创始人 Guy Young 强烈反驳了与命运多舛的 Terra 稳定币 TerraUSD (UST) 的比较，并将这种比较描述为“下意识的反应”。 Young 强调，Ethena 的收益率是“有机且可持续的”，这与 Anchor 的收益率产生的不可持续回报不同，根据 Young 的说法，Anchor 的收益率主要由风险资本投资而非实际交易收入驱动。

Ethena's yields stem from diverse revenue sources, including Ethereum consensus layer inflation rewards, execution fees paid to Ether stakers, maximal extractable value fee captures obtained by Ether stakers, and trading income generated by Ethena Labs. Notably, the firm initiates short derivative positions when receiving long-position collateral assets for minting USDe. The subsequent spread between these positions is distributed to USDe holders as yield.

Ethena 的收益来源于多种收入来源，包括以太坊共识层通胀奖励、支付给以太坊质押者的执行费用、以太坊质押者获得的最大可提取价值费用捕获以及 Ethena Labs 产生的交易收入。值得注意的是，该公司在收到用于铸造 USDe 的多头头寸抵押资产时启动了空头衍生品头寸。这些头寸之间的后续价差作为收益率分配给 USDe 持有者。

Embracing Innovation and Expanding Opportunities

拥抱创新，扩大机遇

The integration with centralized exchange wallets marks a significant milestone for Ethena Labs, further bolstering its position as a leading synthetic stablecoin protocol. By offering users convenient access to staking and rewards through trusted exchange platforms, Ethena enhances accessibility and expands its reach within the broader cryptocurrency ecosystem.

与中心化交易钱包的集成标志着 Ethena Labs 的一个重要里程碑，进一步巩固了其作为领先合成稳定币协议的地位。通过可信的交易平台为用户提供便捷的质押和奖励，Ethena 增强了可访问性并扩大了其在更广泛的加密货币生态系统中的影响力。

As the demand for stablecoins continues to grow, Ethena's innovative protocol and commitment to sustainability position it well to capture market share and drive further adoption. The integration with centralized exchanges and the enhanced rewards for staking further underscore Ethena's dedication to providing users with compelling value propositions and a robust financial ecosystem.

随着对稳定币的需求持续增长，Ethena 的创新协议和对可持续发展的承诺使其能够很好地占领市场份额并推动进一步采用。与中心化交易所的整合以及质押奖励的增强进一步凸显了 Ethena 致力于为用户提供令人信服的价值主张和强大的金融生态系统。