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Ethena Labs unveils a partnership with World Liberty Financial #EthenaLabs forges a strategic partnership with #worldlibertyfi , starting with implementing the yield-bearing token, sUSDe. This integration will enhance stablecoin liquidity and utilization rates on the #WLFI protocol, backed by #Aave . World Liberty Financial's governance will be asked to decide on the measure this week. Ethena is a synthetic dollar protocol on #Ethereum that enables a stable, scalable, crypto-native currency free from traditional banking dependencies. 👉 theblock.co/post/331436/trump-backed-world-liberty-financial-and-ethena-eye-collaboration-starting-with-susde-implementation
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Lens raises $31M in a Strategic funding round #Lens secures $31M in a Strategic funding round led by Lightspeed Faction, with participation from Avail, Circle, Consensys, DFG, Fabric Ventures, Foresight Ventures, Superscript, Re7, Wintermute Ventures and others. This investment will accelerate the growth and ecosystem development of Lens. Lens Protocol is a blockchain-based social graph designed to empower users and content creators in the #Web3 landscape. 👉 lens.xyz/news/lens-closes-31-million-strategic-raise
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Wormhole partners with Nuffle Labs to expand EigenLayer’s restaking functionality #Wormhole partners with #NuffleLabs to introduce native multichain restaking, with #EigenLayer as the initial implementation, connecting users to the EigenLayer ecosystem without asset bridging or liquidity fragmentation. The integration combines Wormhole's message-passing architecture, Nuffle Labs' NUFF Protocol, and EigenLayer’s infrastructure to enable staking from any chain while preserving native token functionality. This brings native multichain restaking without bridging, unified liquidity across networks, improved capital efficiency through rapid finality, and seamless access to over 100 AVSs. 👉 theblock.co/post/331307/wormhole-eigenlayer-and-near-focused-nuffle-labs-partner-to-bring-restaking-beyond-ethereum
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COIN OF THE DAY $PENGU #PudgyPenguins #crypto2024 #dyor
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