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

In addition sUSDe is proposed to be added shortly subject to Aave governance confirmation

Users now also unlock being able to maintain long delta exposure to tokens such as ETH while providing liquidity into Ethena:

1/ Supply weETH (78.5% LTV)
2/ Borrow USDC at ~9% borrow cost
3/ Swap USDC into USDe to earn 10x sats

The current borrow rates on USDC for 
@aave
 compare favourably to the borrow costs observed on the 
@MorphoLabs
 USDe and sUSDe vaults and may provide a cheaper option to access levered exposure

Users will be able to earn Sats for the following:

i) USDe collateral: 20x
ii) sUSDe collateral: 10x (tbc via governance)
iii) stETH, ETH, rETH, weETH collateral to borrow GHO into USDe 20x
iv) stETH, ETH, rETH, weETH collateral to borrow USDC/T into USDe 10x

Users are now able to:

i) Deposit USDe and loop their position with other stablecoins on Aave

ii) Deposit stETH, weETH, ETH and WBTC on Aave to borrow stablecoins into Ethena USDe or sUSDe