Ethena Labs, instead of directly competing with established payment giants, has strategically chosen to integrate its solution within the vast ecosystem of Telegram and The Open Network (TON).
Read MoreEthena Labs, instead of directly competing with established payment giants, has strategically chosen to integrate its solution within the vast ecosystem of Telegram and The Open Network (TON).
Read MoreEthena Labs is gearing up for the launch of its innovative synthetic stablecoin, USDe, on December 16, 2024.
Read MoreOn November 15, the Ethena Foundation announced that its risk committee has approved a proposal by Wintermute, a prominent market maker and supporter of the Ethena protocol, to overhaul the revenue-sharing structure within the ecosystem.
Read MoreCryptocurrency exchange Bitget has deepened its collaboration with Ethena Labs by integrating Ethena's stablecoin, USDe, into various aspects of its platform. This integration allows users to utilize USDe as collateral for perpetual futures trading, participate in Bitget's "Earn" program, and trade USDe in spot pairs.
Read MoreAccording to data provider CryptoQuant, investors of USDe should keep an eye on the project's reserve fund to minimize risks associated with the possibility of a negative funding rate.
Read MoreEthena Labs, a decentralized protocol focusing on the yield-bearing USDe stablecoin, has stirred debate among crypto traders since its public introduction in February, with comparisons drawn to the Terra ecosystem, which collapsed in 2021.
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