Ethena Pay launches Earn+, with Pro and VIP users able to deposit USD and earn up to 12%yield
BIBIBI
AT A GLANCE
Ethena Pay launches Earn+, allowing some users to deposit into USD and earn up to 12%yield.
Article
Ethena Pay launches Earn+, allowing users to deposit directly into USD and earn yield
BlockBeats reports that October 28，Ethena Pay has announced the launch of Earn+functionality, allowing users to deposit into USD and earn a yield of up to 12%yield. The functionality is now available to Pro and VIP users, and will be rolled out to all Ethena Pay users over the next few days.
According to the report, user deposits will flow into an Upshift vault curated by SteakhouseFi, which runs a strategy through Aave V4 on Avalanche.
Original link https://m.theblockbeats.info/flash/374176
Key points
01
Ethena Pay has October 28 announced the launch of Earn+functionality.
02
Users can deposit into USD with one click and earn up to 12%yield.
03
Earn+is now available to Pro and VIP users, and will be rolled out to all Ethena Pay users over the next few days.
04
User deposits will flow into an Upshift vault curated by SteakhouseFi.
05
The Upshift vault runs a strategy through Aave V4 on Avalanche.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Earn+is Ethena Pay's USD deposit yield functionality. Pro and VIP users can currently access it, while other users will gradually receive access over the next few days.
Why it matters to readers
This gives Ethena Pay users USD additional product options for depositing and earning yield.
Beginners should note that the text only specifies the maximum yield and the flow of funds; it does not specify the actual yield, fees, or specific risks.
Risks and unknowns
“Maximum 12%” refers to specific conditions and actual yield that are not explained in the evidence.
The Upshift vault's asset scale, risk disclosures, and realized yield are not explained in the evidence.
Earn+The specific timing for opening access to all users is not explained in the evidence.
Related Developments
Loading event timeline…
Related concepts
treasury
This term is not in the glossary yet. Browse related concepts in the glossary.
