Initial concerns about Ethena Labs' stable USDe interest rate are a sign of industry maturing after Terra-LUNA ecosystem collapse 🌱
- Founder of Ethena Labs believes that people reacting to high interest rates is the right thing to do
- USDe currently has an annual interest rate of 27.6%, causing concerns about economic sustainability
- Unlike Anchor Protocol, USDe's interest rate has a sustainable and publicly verifiable interest rate mechanism
- Other products also promise double-digit interest rates, like Pendle Finance with a 41% fixed interest rate for staked Ether
Let's discuss the USDe stable interest rate and its potential! 💬#cryptonews#USDe #EthenaLabs