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@0x-neo

61 Following
34 Followers
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@0x-neo
Beramas is here! Ethena’s incentivized @berachain pre-deposit vaults are now live, accepting USDe, sUSDe, and also USDC/USDT
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@0x-neo
Have a great weekend
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@0x-neo
10 months old $5b dollars 27% APY 1 dream 0 doubt Ethena
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@0x-neo
$DRV launching 15.01.25 5% of supply will be allocated to $sENA stakers
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Excited to announce @derivexyz , the largest onchain options protocol, is partnering with @Ethena_Labs and joins the Ethena Network alongside @etherealdex . Derive is building options & structured products on USDe, leveraging Ethena liquidity and USDe composability to uniquely enable new financial primitives. In addition, 5% of $DRV supply will be allocated to sENA stakers alongside the existing @etherealdex points.
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In addition sUSDe is proposed to be added shortly subject to Aave governance confirmation
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@0x-neo
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
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@0x-neo
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
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@0x-neo
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
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@0x-neo
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
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@0x-neo
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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@0x-neo
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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@0x-neo
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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@0x-neo
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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@0x-neo
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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