The Definitive Guide to Ethena
The Definitive Guide to Ethena
Blog Article
By using a 73% surge in market place cap, USDe's enchantment lies in fulfilling holders with large APY through modern DeFi integrations.
Eigenlayer provides builders with access to the Ethereum staked funds base and decentralized validator established.
Simply because Ethena operates totally inside the copyright ecosystem, it doesn't rely upon standard money institutions like banks. This makes it censorship-resistant, which means that no governing administration or establishment can freeze or block usage of your resources.
Additionally, staked ENA (sENA) now earns rewards for Ethereal. The Ethereal crew devoted to supplying sENA holders fifteen% of any prospective long term token source. The sENA web site of our application has extra specifics.
ENA would be the governance token from the Ethena protocol. It lets holders to vote on essential proposals and affect the route in the System.
Ethena is a protocol on Ethereum designed to make a copyright-indigenous stablecoin that is totally freed with the infrastructure of the normal banking procedure.
Even so, fewer than three months immediately after Ethena launched its synthetic stablecoin USDe, it skyrocketed to be the fifth most valuable stablecoin.
DeFi lenders and exchanges listing USDe as collateral belongings and options to distribute protocol revenues to governance token holders could even further bolster expansion.
copyright is the biggest copyright exchange by buying and selling quantity, serving 185M+ end users across 180+ nations.
CoinDesk is undoubtedly an award-profitable media outlet that covers the copyright business. Its journalists abide by a rigorous list of editorial insurance policies. CoinDesk has adopted a set of ideas directed at ensuring the integrity, editorial independence and independence from bias of its publications.
Ethena introduces the world wide web Bond, a dollar-denominated price savings instrument that permits buyers to generate generate although sustaining a stable shop of value.
Established in 2013, Gate.io has constantly ranked One of the prime 10 exchanges. It is just a whole-service digital asset Trade System masking millions of users around the globe.
Disclaimer: This web page may include affiliate hyperlinks. CoinMarketCap Ethena can be compensated in the event you take a look at any affiliate one-way links and you are taking specified actions for instance signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
“The Ethena Foundation is delighted to share which the proposal to permit an $ENA payment switch has long been permitted by the danger Committee,” it mentioned in the governance Discussion board on Nov. fifteen.