About Ethena
About Ethena
Blog Article
Considering that the deposited collateral is an ETH liquid staking spinoff, this earns staking produce from Ethereum which includes inflationary benefits, execution layer costs paid and maximal extractable worth (MEV) captured.
FDV/TVL is used to approximate a protocol’s totally diluted industry worth vs. the amount in belongings it has staked/locked.
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Ethena’s head of analysis, Conor Ryder, resolved Many of these concerns in an X write-up on Monday, stating the protocol had gone Are living with its parameters determined by historic screening that didn't present significantly-fetched challenges.
Generalized restaking pools in partnership with Symbiotic for staked $ENA ended up included to include utility to $ENA, released to provide financial protection for cross-chain transfers of USDe relying on the LayerZero DVN-centered messaging technique.
With its focus on safety, balance, and decentralised fiscal methods, Ethena is positioning by itself as a leader within the synthetic dollar Room. Its continued advancement, including danger management updates and partnerships, indicators a promising potential for each USDe and ENA.
Greater than $287 million of USDe had been minted as of Tuesday early morning, with in excess of $fifty million of that coming once the System went Dwell to the general public on Monday. The 27% reward is calculated on the 7-day rolling foundation and will change every week based on underlying variables.
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Refers back to the whole current market price of a copyright’s circulating provide. It is analogous to your inventory market’s measurement of multiplying cost per share by shares readily available on the market (not held & locked by insiders, governments)
A permissionless and non-custodial lending protocol in which people can Ethena make fascination on around-collateralized lending and borrow electronic assets making use of immutable infrastructure.
MC/TVL is utilized to approximate a protocol’s marketplace benefit vs. the quantity in property it's got staked/locked.
Ethena’s Sats campaign encourages consumers to engage with the protocol, featuring more rewards for people who be involved in staking and liquidity swimming pools.
That said, if funding remains unfavorable for extended periods, Ethena will use their insurance policies fund to go over the associated fee.
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