It's Interesting Return Structure.  👀

USDe's collateral assets are staked Ethereum (stETH), Ethereum staking rewards accumulate (inflation from the consensus layer + fees from the computational layer + MEV), the second is funding costs and basis spread revenues from opening short positions on an indefinite futures exchange (if the price of indefinite futures is higher than the spot price of the underlying asset, investors in long positions pay funding costs to investors in short positions).

Crypto Information Collector 🧐🌈

Lets go together 🤝