A SECRET WEAPON FOR ETHENA

A Secret Weapon For Ethena

USDe minters deposit Lido’s stETH to mint a corresponding benefit in USDe. Simultaneously, Ethena opens a brief place of the exact same worth with a derivatives exchange. This produces a delta-neutral scenario, in which a lower in the value of your collateral, stETH, is nearly properly offset by the rise in worth of the brief spinoff posture.Ethe

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