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Ethena offers 27% on stablecoins but where is the yield coming from?

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Ethena offers 27% on stablecoins but where is the yield coming from?


The launch of so-called ‘synthetic dollar’ Ethena (USDe) took place on Monday, alongside a heavily-shilled points programme, labelled as a ‘Shard Campaign.’ So far, over $300 million has been deposited into Ethena, which promises an internet bond with a ‘real yield’ of 27% for users who stake…

#ashardcampaign #ethena #ethereum #cex #ryder #cobie #ftx #wildwest #fireblocksandcopper #luna

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