Neo

@0x-neo

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Excited to share one of the most important DeFi integrations for USDe adoption to date. #AAVE Read below for details on the partnership 🤝

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Ethena is excited to announce an integration of Symbiotic with LayerZero’s Decentralized Verifier Network (DVN) framework to transport Ethena assets such as $USDe cross-chain secured by staked $ENA

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Crypto-economic shared security for cross-chain messaging is coming to LayerZero through @symbioticfi . With @ethena_labs , Symbiotic will be integrated into the LayerZero DVN framework, enabling users to stake $ENA to secure cross-chain transfers of Ethena assets like $USDe.

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USDe is now the fastest USD asset to reach $3b in crypto history

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$ENA is now available on @revolutapp ✨ Users in the EU and eligible countries can now trade in the app, with more exciting news coming soon👀 https://revolut.com/crypto/

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In the last 16 days @ethena_labs has added ~$450m USDe supply, or more than the total outstanding for the largest onchain RWA

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To date the sUSDe contract has received protocol yield attributable to assets backing staked USDe, with the protocol retaining the remainder As of today, the retained portion is reduced to 20%, with the remainder going to the sUSDe contract As a result sUSDe APY = 37.2%

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Based on community feedback the $ENA liquidity lock has been simplified to further align incentives for longer term participants Users can now lock $ENA to receive a scaled sats boost up to 100% based on the amount of $ENA locked relative to USDe positions

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New users are also able to meet their minimum ENA requirements via @pendle_fi YT which reduces their capital outlay required by ~1/6th as a result of the leverage offered by YT

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We're excited to introduce USDe restaking with @ethena_labs USDe users can restake USDe and earn Karak XP and 20x Ethena Sats up to 100M of USDe all on top of USDe native staking rewards Everyone eats in the Kingdom of Karak🍊 Restake now: https://app.karak.network

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Excited to release two new updates for $ENA Users can now deposit $ENA into @pendle_fi and receive 30x rewards per day up to an initial $100m cap In addition, with the $ENA lock now almost filled at $200m, the cap on this pool has been increased to $300m with immediate effect

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In summary within the document, as of 12pm UTC today: -USDe supply $2.358b -Backing assets per attestation: $2.365b -Reserve fund: $32.7m Totalling to a backing of 101.65% vs USDe supply

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🔥 Join our Ethena Bonus Event 🔥 @ethena_labs is a synthetic dollar protocol built on Ethereum. Stake USDe with #OKXDeFi, and you could earn up to 120% in Sats! Start today & see your rewards increase daily: https://www.okx.com/web3/defi/activity/14

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This comes alongside the increased allocation from MakerDAO into Ethena which will begin today with an additional $100m of capacity open immediately, with up to $600m approved to be deployed shortly https://twitter.com/MakerDAO/status/1775552923910451693

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$ENA into Season 2 in order to more closely align the growth in USDe with $ENA Users who lock $ENA at a minimum of 50% of their total USDe holdings per wallet will receive i) 50% increase in their rewards ii) the highest number of rewards per day of any pool app.ethena.fi/join/0ath6

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Users can connect to http://app.ethena.fi with any of the below wallets and you will see a green ✅ signifying eligibility To note, the 20% boost is not additive to the 50% $ENA boost or the 20% loyalty boost from the first season

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This summary explains the process of minting USDe on the Ethena platform. 1) User deposits collateral: stETH or ETH 2) Collateral management 3) Secure custody: to a secure "off-exchange" account 4) Hedging: delta hedges holding stETH and shorting ETH futures 5) Minting USDe

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Solana has been experiencing congestion issues for a while now, and there are a few main reasons behind it: Increased Popularity and Network Activity Spam Transactions and Bots QUIC Implementation Bug

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USDe is the fastest growing USD denominated asset in the history of crypto #ethena #ena

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