Ethena



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by COINS NEWS - 1 year ago

Is Ethena Legit?

As requested by some members of this subreddit, I did a deepdive into the new protocol, Ethena, and the 60% APRs they're offering on their new token, USDe. I wanted to see whether this protocol was legit and to write an article breaking everythin...

by COINS NEWS - 1 year ago

New Stablecoin Ethena - Potential Risks

Traditionally, you support the peg of a stablecoin with collateral. To guard against dips or crashes in the collateral's price, you overcollateralize. This works as long as markets don't black swan (but see maker DAO 2020) and prevent orderly...