Will Ethena crash like UST? I don’t think so
Ethena's USDe will not collapse, but Ethena will produce marginal effects as the market size increases, and it is very likely that USDe's revenue will be infinitely close to zero.
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Ethena's USDe will not collapse, but Ethena will produce marginal effects as the market size increases, and it is very likely that USDe's revenue will be infinitely close to zero.
The new Renzo project on Binance is the most successful Restaking project in the field of DEFI integration and has the highest community participation. It has become the second LRT to be listed on Binance.
Bitget Wallet partners with Ethena, offering BWB Points airdrop for USDT depositors, seamless integration, and upcoming BWB token events, enhancing DeFi engagement.
Ethena Labs must bolster its reserve fund to safeguard against potential financial pressures in volatile market conditions.
USDe developed by the Ethena team is a synthetic dollar based on Ethereum that uses a Delta Hedging strategy to hedge against market volatility risks and achieve efficient use of funds.
Ethena Labs' USDe stablecoin faces scrutiny amid comparisons to Terra's troubled history, prompting reflection on risk management strategies.
Ethena, DeFi, Bankless: The DeFi track is setting off an Ethena wave. Golden Finance, investors are competing to buy USDe.
MakerDAO recently proposed to allocate $600 million of DAI to USDe and sUSDe. How to understand MakerDAO's move? Crypto KOL Duo Nine published an article to explain.
Ethena was launched on Binance on April 2 and performed well, attracting widespread attention in the cryptocurrency market. Among them, Arthur Hayes, an early investor, cheered for it on social media, further highlighting its potential influence in the market.
Bybit has forged a strategic alliance with Ethena Labs, bringing forth Ethena's USDe stablecoin to the Bybit platform. USDe, a decentralised monetary solution, operates independently from traditional banking systems. It leverages delta-hedging staked Ether (ETH) for comprehensive collateral backing.