Ethena

Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Polkadot is facing resistance. Ethena is restructuring token economies for…

ENA – the native token of Athena – has faced significant selling pressure in recent weeks. After a long period of falling prices, ENA fell to $0.73, marking its weakest price level since May 20. This in turn has led to…

Ethena Labs has pledged to publish monthly reports detailing custody and staking information to improve transparency around its USDe stablecoin. Artificial dollar issuer Ethena Labs Released Three custodial certificates for the assets…

In a post on X, one of the analysts now Claims Traditional fiat-backed stablecoins such as USDT and USDC should prepare for a “major” attack given the growing popularity of Ethena’s USDe coin. This warning comes after Ethena and…

Synthetic dollar developer Ethena Labs received the green light for a USDeFRAX liquidity pool with Frax Finance to diversify FRAX stablecoin yield.  The Singularity Roadmap proposal from Ethena Labs was approved and has enabled the…

Ethena Labs, the creators of USDe, have incorporated Bitcoin (BTC) as backing into their synthetic dollar-pegged offering. This move aims to scale USDe’s supply from its current $2 billion mark. BTC to Boost Scalability and…

Developer Andre Cronje published a post questioning whether Ethena will be the next UST. In a post on X on April 3, Cronje compared Ethena (USDe) to the infamous UST stablecoin. “UST I had a high degree of confidence would fail, the…