Ethena
Summary TLDR: Ethena Labs is offering a 17.2% annual yield to investors who stake stablecoins on their platform through a tokenized “cash and carry” trade strategy.…
Summary USDe is a synthetic stablecoin that maintains its $1 value through the cash-and-carry trade, avoiding directional risk. Unlike asset-backed stablecoins, USDe’s value is not secured…
Summary ENA, the native token of Ethena Labs, surged by 15% after announcing “season 2” with a 50% increase in rewards for certain users. Key Points…
Summary TLDR: Blockchain projects with the ability to create their own digital tokens are likely to use it as it gives them control over their own…
Summary TLDR: The USDe token, a synthetic dollar, offers yields to investors by pairing ether liquid staking tokens with short ether perpetual futures to maintain a…
Summary Token price surges suggest a debut market cap over $500 million. Key Points 1. The price surge indicates strong investor interest and potential for a…
Summary TLDR: CoinDesk is a media outlet covering the cryptocurrency industry, acquired by the Bullish group in November 2023. CoinDesk operates independently with editorial policies in…
Summary TLDR: Ethena’s USDe token offers steady yields to investors by using ether liquid staking tokens and short ETH perpetual futures positions to maintain a roughly…
Summary Ethena, a company focused on workplace harassment training, raised $14 million from various investors including Dragonfly, Brevan Howard Digital, Franklin Templeton, PayPal Ventures, and others.…