Mantle x Ethena: Unlocking Sats on Mantle Network

Mantle Ecosystem is set to play a crucial role in Ethena's Sats campaign, offering Mantle users a wide array of options to earn Sats. Here's how you start today.

Pendle pools on Mantle

Ethena's Pendle pools from Season 1 proved to be very popular, filling up to the 250m cap in a matter of days. As a result, Season 2 will feature new Pendle pools on Mantle, allowing users to trade USDe YT, PT, or provide liquidity to pools to earn not only Sats but also EigenLayer points.

Users can earn 20x Sats per USDe held in USDe YT or LP position with the current cap at $200 million. In addition to Sats, EigenLayer points are also up for grabs, as users can earn 0.0012 EigenLayer points per USDe per day. Please note the cap on Eigenlayer points will be 100m * 0.0012 * 115 days = 13,800,000 points.

Hold USDe and sUSDe on Mantle to Earn Sats

Acquire USDe on Mantle to earn 2x Sats on USDe, 1x Sats on sUSDe.

Provide liquidity and lock LP tokens on Merchant Moe

Deposit liquidity into the USDe - USDT Vault to begin earning 20x Sats daily. Start accruing Sats here before the $20 million cap is reached!

Use USDe Looping Hook on INIT

Use USDe Liquidity Hooks on INIT Capital to earn Sats. Visit INIT Capital, click the "Hook" tab, and select the USDe Looping Hook. Participants have the chance to earn 20x Sats for USDe. Again, there is a $20 million cap, so take advantage of USDe looping before it's too late

Use USDe as collateral on IntentX to earn Sats

IntentX launches on Mantle Network, users will be able to trade from a range of 261+ $USDe perpetual pairs. Depositors on IntentX Mantle can accrue 20x Sats per USDe ($10 million cap).