466890
Neo
@0x-neo #466890
34 Follower 62 Following
Excited to share one of the most important DeFi integrations for USDe adoption to date. #AAVE
Read below for details on the partnership 🤝
Read below for details on the partnership 🤝
Ethena is excited to announce an integration of Symbiotic with LayerZero’s Decentralized Verifier Network (DVN) framework to transport Ethena assets such as $USDe cross-chain secured by staked $ENA
Crypto-economic shared security for cross-chain messaging is coming to LayerZero through
@symbioticfi
.
With
@ethena_labs
, Symbiotic will be integrated into the LayerZero DVN framework, enabling users to stake $ENA to secure cross-chain transfers of Ethena assets like $USDe.
@symbioticfi
.
With
@ethena_labs
, Symbiotic will be integrated into the LayerZero DVN framework, enabling users to stake $ENA to secure cross-chain transfers of Ethena assets like $USDe.
USDe is now the fastest USD asset to reach $3b in crypto history
$ENA is now available on
@revolutapp
✨
Users in the EU and eligible countries can now trade in the app, with more exciting news coming soon👀
https://revolut.com/crypto/
@revolutapp
✨
Users in the EU and eligible countries can now trade in the app, with more exciting news coming soon👀
https://revolut.com/crypto/
To date the sUSDe contract has received protocol yield attributable to assets backing staked USDe, with the protocol retaining the remainder
As of today, the retained portion is reduced to 20%, with the remainder going to the sUSDe contract
As a result sUSDe APY = 37.2%
As of today, the retained portion is reduced to 20%, with the remainder going to the sUSDe contract
As a result sUSDe APY = 37.2%
Based on community feedback the $ENA liquidity lock has been simplified to further align incentives for longer term participants
Users can now lock $ENA to receive a scaled sats boost up to 100% based on the amount of $ENA locked relative to USDe positions
Users can now lock $ENA to receive a scaled sats boost up to 100% based on the amount of $ENA locked relative to USDe positions
We're excited to introduce USDe restaking with
@ethena_labs
USDe users can restake USDe and earn Karak XP and 20x Ethena Sats up to 100M of USDe all on top of USDe native staking rewards
Everyone eats in the Kingdom of Karak🍊
Restake now: https://app.karak.network
@ethena_labs
USDe users can restake USDe and earn Karak XP and 20x Ethena Sats up to 100M of USDe all on top of USDe native staking rewards
Everyone eats in the Kingdom of Karak🍊
Restake now: https://app.karak.network
In summary within the document, as of 12pm UTC today:
-USDe supply $2.358b
-Backing assets per attestation: $2.365b
-Reserve fund: $32.7m
Totalling to a backing of 101.65% vs USDe supply
-USDe supply $2.358b
-Backing assets per attestation: $2.365b
-Reserve fund: $32.7m
Totalling to a backing of 101.65% vs USDe supply
🔥 Join our Ethena Bonus Event 🔥
@ethena_labs
is a synthetic dollar protocol built on Ethereum. Stake USDe with #OKXDeFi, and you could earn up to 120% in Sats!
Start today & see your rewards increase daily:
https://www.okx.com/web3/defi/activity/14
@ethena_labs
is a synthetic dollar protocol built on Ethereum. Stake USDe with #OKXDeFi, and you could earn up to 120% in Sats!
Start today & see your rewards increase daily:
https://www.okx.com/web3/defi/activity/14
This comes alongside the increased allocation from MakerDAO into Ethena
which will begin today with an additional $100m of capacity open immediately, with up to $600m approved to be deployed shortly
https://twitter.com/MakerDAO/status/1775552923910451693
which will begin today with an additional $100m of capacity open immediately, with up to $600m approved to be deployed shortly
https://twitter.com/MakerDAO/status/1775552923910451693
$ENA into Season 2 in order to more closely align the growth in USDe with $ENA
Users who lock $ENA at a minimum of 50% of their total USDe holdings per wallet will receive
i) 50% increase in their rewards
ii) the highest number of rewards per day of any pool
app.ethena.fi/join/0ath6
Users who lock $ENA at a minimum of 50% of their total USDe holdings per wallet will receive
i) 50% increase in their rewards
ii) the highest number of rewards per day of any pool
app.ethena.fi/join/0ath6
Users can connect to http://app.ethena.fi with any of the below wallets and you will see a green ✅ signifying eligibility
To note, the 20% boost is not additive to the 50% $ENA boost or the 20% loyalty boost from the first season
To note, the 20% boost is not additive to the 50% $ENA boost or the 20% loyalty boost from the first season
This summary explains the process of minting USDe on the Ethena platform.
1) User deposits collateral: stETH or ETH
2) Collateral management
3) Secure custody: to a secure "off-exchange" account
4) Hedging: delta hedges holding stETH and shorting ETH futures
5) Minting USDe
1) User deposits collateral: stETH or ETH
2) Collateral management
3) Secure custody: to a secure "off-exchange" account
4) Hedging: delta hedges holding stETH and shorting ETH futures
5) Minting USDe
Solana has been experiencing congestion issues for a while now, and there are a few main reasons behind it:
Increased Popularity and Network Activity
Spam Transactions and Bots
QUIC Implementation Bug
Increased Popularity and Network Activity
Spam Transactions and Bots
QUIC Implementation Bug
USDe is the fastest growing USD denominated asset in the history of crypto
#ethena #ena
#ethena #ena