About ethena
About ethena
Blog Article
Ethereal: A perpetual and location exchange created By itself application chain, that has a total get e book of sUSDe and native rewards, and Ethena will present liquidity and hedging flow with the Trade.
By using decentralized technologies like smart contracts, selling price oracles, and overcollateralization, Ethena provides a framework for generating synthetic assets that maintain security without determined by centralized programs or intermediaries.
Ethena Labs included that such a go is predicted to even more facilitate hazard connected with negative funding rate environments.
Ethena Protocol doesn’t have a particular whitepaper usually. In its place, it has a GitBook documentation that lists an outline of your protocol, in depth USDe rationalization, Ethena’s technological infrastructure, eyesight, and a number of other means for someone to get started.
Resistance to censorship is an additional core attribute of USDe's design. By separating asset custody from common banking methods and employing a clear on-chain custody approach, USDe avoids the pitfalls associated with assets currently being controlled by one entity or establishment.
Ethena is often a blockchain undertaking made to handle several of the key issues associated with regular stablecoins, such as reliance on centralized techniques and limited transparency.
Aave is a decentralised non-custodial liquidity protocol where people can participate as suppliers or borrowers.
Ethena will start a brand new product iUSDe next thirty day period, With all the goal of bringing sUSDe to the normal fiscal sector by way of a controlled merchandise.
The generate generated and dispersed by Ethena relies each around the “carry produce” produced by Ethena’s delta-hedged derivative positions along with the staking rewards derived from staking Ethereum with an annualized price of three–four%.
Payments are going to be straight connected to Apple Pay out, and people can swap in between sUSDe cost savings belongings and immediate cell payments on their own telephones.
Second, Ethena takes ethena advantage of a Delta hedging approach during the derivatives industry, which incorporates revenue from funding service fees on derivatives positions and income from the price variances in between futures and place marketplaces—often called The premise.
This interdependence could pose substantial hazards if both of those Ethena and MakerDAO face sector downturns.
copyright is really a US-based copyright Trade where by buyers should purchase, offer and trade a variety of belongings with fairly lower commissions. Clients might also earn rewards by way of coin staking.
To put it simply, Ethena Labs’ goal to take care of the USDe peg rests to the shoulders of staked ETH plus the derivatives marketplace. And these principles are not just peg-preserving choices but in addition huge produce generators.