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Ethena Labs
@Ethena_Labs
// Enabling the Internet Bond_
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Let’s Make Ethereum Great Again. Come dance with us at #EthCC. Two b****hain residents. Stay till late
Let’s Make Ethereum Great Again.

Come dance with us at #EthCC.

Two b****hain residents. Stay till late
Today marks an important step forward in more closely aligning the growth and use of $USDe with $ENA The launch of a generalized staking capability for $ENA with @symbioticfi and @LayerZero_Labs is the first step in adding functional utility for $ENA within the Ethena ecosystem
Today marks an important step forward in more closely aligning the growth and use of $USDe with $ENA

The launch of a generalized staking capability for $ENA with @symbioticfi and @LayerZero_Labs is the first step in adding functional utility for $ENA within the Ethena ecosystem
Have a great weekend
Have a great weekend
Excited to share one of the most important DeFi integrations for USDe adoption to date 👻 @ethena_labs x @aave 👻 Read below for details on the partnership 🤝
Excited to share one of the most important DeFi integrations for USDe adoption to date

👻 @ethena_labs x @aave 👻

Read below for details on the partnership 🤝
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
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
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
Weekly sUSDe transfer update: 💫 $sUSDe APY 32% ✨ Checked the calendar, still Ethena season
Weekly sUSDe transfer update:

💫 $sUSDe APY 32% ✨

Checked the calendar, still Ethena season
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 🧵
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.
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.
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
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
Season 2 Updates Linked Below 👇
Season 2 Updates Linked Below 👇
Weekly sUSDe transfer update: 💫 $sUSDe APY 36% ✨ Warning: we are now entering Ethena season, please fasten your seatbelts
Weekly sUSDe transfer update:

💫 $sUSDe APY 36% ✨

Warning: we are now entering Ethena season, please fasten your seatbelts
$ENA is now available on @revolutapp ✨ Users in the EU and eligible countries can now trade in the app, with more exciting news coming soon👀 https://www.revolut.com/crypto/
$ENA is now available on @revolutapp ✨

Users in the EU and eligible countries can now trade in the app, with more exciting news coming soon👀

https://www.revolut.com/crypto/
We aren't great with numbers, what is 33% on $2.5bn?
We aren't great with numbers, what is 33% on $2.5bn?
Starting to think you might all actually make it
Starting to think you might all actually make it
To date the sUSDe contract has received protocol yield attributable to assets backing staked USDe, with the protocol retaining the remainder As of today, the retained portion is reduced to 20%, with the remainder going to the sUSDe contract As a result sUSDe APY = 37.2%
To date the sUSDe contract has received protocol yield attributable to assets backing staked USDe, with the protocol retaining the remainder

As of today, the retained portion is reduced to 20%, with the remainder going to the sUSDe contract

As a result sUSDe APY = 37.2%
The tokens are transferable We love you https://t.co/vAKDZkRRZ8
The tokens are transferable We love you

https://t.co/vAKDZkRRZ8
Excited to release two new updates for $ENA Users can now deposit $ENA into @pendle_fi and receive 30x rewards per day up to an initial $100m cap In addition, with the $ENA lock now almost filled at $200m, the cap on this pool has been increased to $300m with immediate effect What is unique about this new $ENA @pendle_fi pool is YT buyers will not only receive 30x rewards vs 20x on USDe, but will also be eligible to meet the minimum 50% of $ENA vs USDe requirements with their YT 1 YT = 1 $ENA
Excited to release two new updates for $ENA Users can now deposit $ENA into @pendle_fi and receive 30x rewards per day up to an initial $100m cap In addition, with the $ENA lock now almost filled at $200m, the cap on this pool has been increased to $300m with immediate effect

What is unique about this new $ENA @pendle_fi pool is YT buyers will not only receive 30x rewards vs 20x on USDe, but will also be eligible to meet the minimum 50% of $ENA vs USDe requirements with their YT 1 YT = 1 $ENA
Today we introduce $ENA into Season 2 in order to more closely align the growth in USDe with $ENA Users who lock $ENA at a minimum of 50% of their total USDe holdings per wallet will receive i) 50% increase in their rewards ii) the highest number of rewards per day of any pool Full details in the link below: https://t.co/EcdaFwjN8i
Today we introduce $ENA into Season 2 in order to more closely align the growth in USDe with $ENA Users who lock $ENA at a minimum of 50% of their total USDe holdings per wallet will receive i) 50% increase in their rewards ii) the highest number of rewards per day of any pool

Full details in the link below: https://t.co/EcdaFwjN8i
Thrilled to announce the launch of the Ethena bug bounty program, in partnership with @immunefi Find a critical bug in Ethena's smart contracts and get a reward of 10% of the funds directly affected, up to a maximum of USD $3m Visit https://t.co/shJgXV2pOt full details https://t.co/fw3pxJYsDn
Thrilled to announce the launch of the Ethena bug bounty program, in partnership with @immunefi Find a critical bug in Ethena's smart contracts and get a reward of 10% of the funds directly affected, up to a maximum of USD $3m Visit https://t.co/shJgXV2pOt full details

https://t.co/fw3pxJYsDn
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