5 SIMPLE TECHNIQUES FOR ETHENA

5 Simple Techniques For Ethena

USDe minters deposit Lido’s stETH to mint a corresponding worth in USDe. At the same time, Ethena opens a brief posture of precisely the same worth with a derivatives exchange. This produces a delta-neutral situation, the place a minimize in the worth from the collateral, stETH, is sort of beautifully offset by the increase in value of the quick

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