Operation Guide: Step-by-Step Tutorial on How to Participate in Ethena on BounceBit

Introduction

As an innovative pioneer in the CeDeFi field, BounceBit joins forces with Ethena, allowing users to directly participate in Ethena products on the BounceBit Portal and enjoy multiple returns:

• $sUSDe Income
• $ENA
• $BB stake rewards
• 5 Times Sats Activity Reward

This article will guide you step by step on how to deposit funds into BounceBit and participate in Ethena:

1. Deposit $USDT to get $BBUSD

• Access
• Connect your wallet and select Ethereum Mainnet
• Enter the quantity of $BBUSD to mint, and authorize the transaction in the wallet, you will receive the corresponding $BBUSD on the Ethereum mainnet

2. Cross-Chain to BounceBit Chain

• Click the Bridge module
• Asset source chain is Ethereum Mainnet, select $BBUSD, enter the amount and click “Bridge now”, you will receive equivalent $BBUSD on BounceBit chain
• Please note that you need to switch the network to the BounceBit chain and add $BBUSD (Token contract: 0x77776b40C3d75cb07ce54dEA4b2Fd1D07F865222)

3. Stake $BBUSD to Ethena

• Click on the Ethena module
• Enter the amount you wish to stake and click “Stake”