FIVA
  • FIVA Overview
    • Introduction
    • Problem & Solution
    • Importance to the Space
  • FIVA Mechanics
    • Glossary
    • Understanding the Basics
    • Protocol Components
      • SY (Standardized Yield Token)
      • Yield Stripping
      • PT (Principal Token)
      • YT (Yield Token)
      • FIVA's AMM Design
    • Fee Structure
    • P&L in FIVA
    • FAQ
  • FIVA Manual
    • Getting Started
    • Use Cases
    • PT - Fixing Yield
    • YT - Leveraged Yield Farming
    • LP - Liquidity Provision
    • Mint - Get Liquidity from Future Yields Today
    • Arbitrage Opportunities
  • FIVA Strategies
    • EVAA
      • PT - Fixed USDT Yield
      • YT - EVAA Point Farming with up to 250x Multiplier
      • LP - Enhancing Your EVAA Returns
      • Mint - Get you Future USDT Yield now
    • Ethena
      • PT - Fixed USDe Returns
      • YT - Farming Ethena Airdrop with 60x Multiplier
      • LP - Multiple Income Streams
    • Storm Trade
      • PT - Fixed Yield on SLP
      • YT - Efficient Reward & Yield Farming on Storm
      • LP - Maximizing Returns from Storm Vaults
      • Max Supply - Determination Framework for Storm SLP Market
    • Tonstakers
      • LP - Enhancing Your Tonstakers Returns
  • FIVA Rewards
    • The Points System
    • Genesis Pass Collection
  • FIVA Pioneers Campaign
  • Security
    • Risks
      • Smart Contract Risk
      • Underlying Protocol Risk
      • Oracle Risk
      • PT Risks
        • Market Risk
        • Liquidity Risk
      • YT Risks
        • Market Risk
        • Implied Leverage
        • Zero Value at Maturity
        • Liquidity Risk
      • LP Risks
        • Impermanent Loss
        • Market Risk
        • Additional Considerations for LPs
    • Audit Report - Tonbit
  • Developers
    • SDK
    • npm package
    • Integrating Fixed-Rate Staking
      • SDK - Guide for Fixed Staking
      • API - Pools Metrics Endpoint
  • Links
    • Website
    • Telegram App
    • Telegram Channel
    • Telegram Community
    • X (Twitter)
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On this page
  • Ethena Markets in FIVA
  • What Is Ethena Integration?
  • How Ethena Generates Yield
  • Three Ways to Optimize Your Ethena Position
  1. FIVA Strategies

Ethena

PreviousMint - Get you Future USDT Yield nowNextPT - Fixed USDe Returns

Last updated 12 days ago

Ethena Markets in FIVA

What Is Ethena Integration?

FIVA integrates with Ethena to bring high-yield stablecoin opportunities to TON. This partnership lets you transform Ethena's variable yields (5-20% APY) into fixed returns, farm Ethena points more efficiently, or earn multiple income streams from your stablecoin position.

How Ethena Generates Yield

Ethena creates sustainable USD yields through a straightforward but powerful approach:

  1. Funding Rates: Captures funding payments from perpetual futures markets

  2. Delta-Neutral Strategy: Maintains balanced positions regardless of market direction

  3. Protocol Rewards: Distributes Ethena points to loyal users

This model consistently delivers exceptional returns on USD, typically ranging from 5-20% APY depending on market conditions.

Three Ways to Optimize Your Ethena Position

In the following sections, you'll learn how to use FIVA's technology to enhance your Ethena holdings:

Each approach offers distinct benefits based on your risk preferences and financial goals.

Fixed Yield with PT Tokens
Enhanced Farming with YT Tokens
Multiple Income Streams with Liquidity Provision