TechFlow news, Ethena, the developer of the stablecoin USDe, announced it will launch its Season 2 campaign on April 2, introducing a new product called "Sats" backed by BTC, replacing "Shards." The campaign will run for five months until September 2 or until the USDe supply reaches $5 billion.
Users with existing positions from Season 1 will receive additional rewards as follows:
- Locking USDe: earn 20x Sats daily;
- LP Curve USDe: earn 25x Sats daily;
- Depositing USDe on Morpho/Gearbox/other platforms: earn 20x Sats daily.
The new season also brings new reward options and partnerships:
- MakerDAO and Morpho: add USDe collateral incentives on Morpho;
- Mantle, Pendle, and EigenLayer points: launch a new Pendle pool on Mantle, offering Sats and EigenLayer points rewards.
The USDe Pendle pool will reopen on ETH L1, and Ethena and Pendle will jointly launch two new pools.
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