DeFi Platform Earning Yield by Shorting Ether Attracts $300M on First Day

Date:

Share post:



DeFi Platform Earning Yield by Shorting Ether Attracts $300M on First Day
Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Chun Wang Joins SpaceX Lunar and Mars Missions

Chun Wang, the Chinese-born Maltese entrepreneur who founded the Bitcoin mining pool F2Pool, has joined SpaceX’s first...

The Market’s Compass Crypto Sweet Sixteen Study

Welcome to this week’s publication of the Market’s Compass Crypto Sweet Sixteen Study #240. The Study tracks...