Ethena Labs and Aave Enter DeFi Integration Partnership to Boost Adoption of Its Stablecoin USDe
June 6 - Ethena Labs has entered into a key DeFi integration partnership with Aave to promote the adoption of its stablecoin USDe, according to the official Ethena Labs Twitter feed. The partnership enables users to deposit USDe on Aave and recycle it with other stablecoins, or borrow stablecoins using stETH, weETH, ETH, and WBTC as collateral, which can then be converted to Ethena's USDe or sUSDe. Users are able to borrow stablecoins by depositing USDe or sUSDe, or by collateralizing stETH, ETH, rETH, weETH as collateral and then borrow GHO or USDC/USDT to convert to USDe, the corresponding rewards for each user are Sats, up to 20x.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pons: $20.93 million has been paid to token creators over the past 47 days
XRP’s Crazy August Is Almost Over – September Could Be Even Bigger
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Data: Detected an outflow of 35.11 million USDT from a certain exchange
Crypto prices
More
