Ethena protocol reveals an ambitious roadmap for 2025, planning major expansions into TradFi and introducing new products after achieving remarkable growth, with its synthetic dollar USDe becoming the third-largest USD asset in crypto.
Ethena Labs has launched USDtb, a 1:1 dollar-pegged stablecoin with multiple utilities in view.
Arthur Hayes, chief investment officer at Maelstrom, employs Ethena Labs’ USDe stablecoin to hedge against election-driven market swings, securing a 13% return on 5% of Maelstrom’s assets.
Ethena Labs has proposed adding Solana (SOL) to the collateral mix of its synthetic stablecoin USDe, targeting a $100-200 million initial allocation.
Kamino’s decision to raise the limit appears to be a response to the growing demand for lending services within the DeFi ecosystem.
Grantees will be required to actively contribute to Bitcoin’s technical development, which may involve participating in pull requests, conducting code reviews, or contributing to the ongoing evolution of the Bitcoin Core software project.
In addition to the forced vesting structure, Ethena Labs has rolled out staking options for users looking to earn passive income within the ecosystem.
Ethena Labs has announced the onboarding of Bitcoin as a backing asset to enhance the stability and appeal of its USDe stablecoin.
The attack on the fake token occurred mere hours after Ethena had introduced its new ENA token, designed to allow users to earn rewards by staking BNB or FDUSD.
Of 12 projects announced to participate in sixth season of Binance Labs’ incubation program, three have been selected as the first batch.