According to Foresight News, Ethena has launched on the TON blockchain, with its native stablecoin USDe and its staking version tsUSDe integrated into all major non-custodial wallets, including TON Space (@Wallet), MyTonWallet, TonHub, and TonKeeper. Users can now directly obtain USDe and stake it as tsUSDe to earn rewards within Telegram.
Ethena has simultaneously launched a 16-week reward activity where eligible users holding tsUSDe can earn up to 18% annual percentage yield (APY), which includes a base 8% yield rate and additional incentives of 10% in the first four weeks and 5% in the last two weeks. Reward eligibility conditions include holding at least 10 TON and 10 tsUSDe, and completing qualification verification through mainstream wallets. Each wallet can receive reward bonuses for up to 10,000 tsUSDe.
Users can obtain USDe on TON through three methods: cross-chain bridging, purchasing within TON, or withdrawing from a CEX. After obtaining USDe, users can stake it as tsUSDe in their wallet, with rewards automatically accumulating every 8 hours. This feature has been natively supported in the TON wallet ecosystem, and users can complete staking operations according to wallet guidelines. Additionally, the StonFi application provides a unified staking entry point.
