Ethena Labs Adds Bitcoin Backing To Its USDe Synthetic Dollar
USDe is already enjoying backing from Ether, Ether-based liquid staking tokens and Tether, but Ethena Labs says Bitcoin will provide a more “safe”.
USDe is already enjoying backing from Ether, Ether-based liquid staking tokens and Tether, but Ethena Labs says Bitcoin will provide a more “safe”.
The highly-anticipated Ethena Labs airdrop commenced on April 2, distributing $450 million worth of ENA tokens among eligible wallets. The highly-anticipated Ethena Labs.
Renowned decentralized finance (DeFi) builder Andre Cronje has expressed concerns about the incentives behind Ethena Labs’ USDe stablecoin in a post on X..
Ethena Labs token, ENA, a significant development within the DeFi sector ecosystem system that stems from its $1.3 billion USDe dollar, announced airdrop.
Starting April 2, Ethena Lab will airdrop 750 million ENA or 5% of the total supply. Synthetic stablecoin startup Ethena Labs has announced.