Announcing an expanded Ethena Sats integration

Announcing a new and expanded Ethena Sats integration. In addition to earning native yield, your USDe balance will now also earn 20x Sats. Plus, a 200x Sats bonus when you swap to USDe in-app.

Jul 30, 2024

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1 min read

Craterun is finished. Thank you and congratulations to the ~8,000 users who staked, earned, and opened five million crates, winning 1,000 Patron NFTs along with dozens of ecosystem prizes.

Infinex ♥ USDe Yield + Sats

Ethena was one of the first Infinex integrations, with USDe deposits earning native yield from Ethena.

From Tuesday, 6 August until the end of the Sats campaign in September 2024, in addition to earning native yield, USDe balances will also earn 20x Sats per USDe, each day.

Additionally, when you swap USDC to USDe inside Infinex you will earn a 200x Sats bonus. You can get this bonus more than once.

And if you already held USDe in your Infinex account at the start of the campaign, you will get the same 200x Sats bonus as a thank you for your early support.

Your Sats balance will be displayed in your Infinex wallet.

TL;DR

  • USDe balance will continue to earn native USDe yield
  • USDe balance will now also earn 20x Sats per USDe, daily
  • When you swap USDC to USDe in the Infinex app, you’ll receive an additional 200x Sats bonus

Withdrawals and swaps

Please note that any reduction in your USDe balance during the period of this campaign (6 Aug until ~September), whether as a result of withdrawal or a swap, will results in a loss of all earned Sats.

Swapping to USDe in-app

From Tuesday, you will be able to swap your USDC to USDe on Arbitrum and Ethereum, without leaving Infinex. Our first version of swaps is powered by Curve. Look out in-app swaps from next week.

New badges

Badges were first introduced alongside the approval of an airdrop of 1,000,000 $PYTH to users who opened crates within the first 24 hours of crate opening for Craterun.

If you held USDe prior to July 25 08:00 UTC, you will receive an "OG Real Yield Maxi" badge, as a thank you for your early support.

Any Questions?

Join the Infinex Discord if you have any questions.