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3 months 2 tokens 1 dream 0 doubts $3,000,000,000 Ethena
3 months 2 tokens 1 dream 0 doubts $3,000,000,000 Ethena
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The @ethena_labs x @bounce_bit partnership is a significant unlock for providing real yield on >$1tn of BTC collateral There is significant unserved demand for generating yield on BTC And only one way to do it at billion dollar scale... Ethena
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Weekly sUSDe transfer update: 💫 $sUSDe APY 32% ✨ Checked the calendar, still Ethena season
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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 🧵
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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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