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Ethena Labs
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As of today Ethena will be live on @Blast_L2 the L2 with native yield 💥 Read below for a list of our app integrations with USDe 🧵

As of today Ethena will be live on @Blast_L2 the L2 with native yield 💥 Read below for a list of our app integrations with USDe 🧵

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Weekly sUSDe transfer update: 💫 $sUSDe APY 32% ✨ Checked the calendar, still Ethena season
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Enjoy some USDe at a local restaurant tonight. Get the points sauce. Have a cold sUSDe at 4 o’clock in a mostly empty bar. Go to an L2 you've never been. Listen to someone you thinks funding will compress. Loop on Morpho. Borrow some DAI. Have a negroni. Have two. Be open to a world where you may not understand or agree with the person next to you, but share some yield with them anyways. Tip your market maker. Check in on your friends holding RWAs. Check in on yourself. Enjoy the ride.
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We have released our May custody attestation today in an effort to continue increasing the transparency of the Ethena protocol As of 10am UTC May 24th: - USDe supply $2.673b - Backing assets with custodians: $2.677b - Reserve fund: $42.3m Total of 101.74% vs USDe supply
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Season 2 Updates Linked Below 👇
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Weekly sUSDe transfer update: 💫 $sUSDe APY 36% ✨ Warning: we are now entering Ethena season, please fasten your seatbelts
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