Symbiotic Adds USDe and ENA as New Repledge Assets
According to BlockBeats, Symbiotic, a repledge protocol invested by Paradigm and Lido, added USDe and ENA as new repledge assets on June 27. Within 15 minutes of opening, the USDe pool reached its hard cap of 50 million dollars. Currently, more than 35 million ENA have been deposited into the ENA pool, with approximately 60% of the quota still remaining.
Symbiotic's decision to add USDe and ENA as new repledge assets is a significant move for the protocol. The rapid filling of the USDe pool to its hard cap demonstrates the high demand for this asset. The ENA pool, while not yet filled to capacity, has also seen a substantial amount of deposits, indicating a strong interest in this asset as well.
This development is part of Symbiotic's ongoing efforts to expand its offerings and provide more options for its users. By adding new repledge assets, the protocol is able to accommodate a wider range of preferences and needs among its user base. This move also underscores Symbiotic's commitment to continually evolve and adapt in response to market trends and user demand.