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Nalezeno "Ethena Labs": 20

Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration


On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being used as part of the stablecoin’s reserve backing. USDE Stablecoin Project...

Ethena Labs boosts USDe token with Bybit integration


Ethena Labs, an artificial stablecoin startup, has incorporated Bybit for building on its USDe token as a collateral asset on the crypto exchange.  Further backing of USDe will enable users to conduct trading perpetuals and generate yield on Ethena. It stands at $15.3%, and zero-fee trade...

Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing


Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens. The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews

Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives


Fantom creator Andre Cronje recently expressed concerns about risk management practices within a specific DeFi project, indirectly referencing Ethena Labs' synthetic dollar, USDe. The post Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives appeared first on Cryptonews

MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe


MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience. The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews

Ethena Labs announces the launch of ENA


Ethena Labs has announced the launch of ENA tokens. Users can claim the token effective April 2, 2024. The launch of the ENA token marks the beginning of achieving the vision that Ethena Labs desires to strengthen the decentralization of its protocol. Ethena Labs has referred to the token...

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