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Cryptocoins News / CoinJournal - 1 year ago
Victoria, Seychelles, March 5th, 2024, Chainwire Ethena, a synthetic dollar protocol built on Ethereum, has officially integrated support for Bitget Wallet on its platform. This integration enables users to access Ethena through the Bitget Wallet bro...
Bitcoin News / Bitcoin.com - 1 year ago
On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment from Maelstrom, overseen by Arthur Hayes, in July 2023, the c...
by COINS NEWS - 2 years ago
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...
Bitcoin News / Bitcoin.com - 2 years ago
Ethena, a protocol that seeks to build a banking system independent stablecoin, has announced that it has raised $6.5 million in its seed round. The round, led by Dragonfly, aims to help issue Ethena’s decentralized stablecoin product in Q3 202...
Cryptocoins News / EthereumWorldNews - 2 years ago
Ethena is a startup that is developing a stablecoin and digital savings bond that will be backed by derivatives.The stablecoin will be backed by equal amounts of staked ETH and perpetual swaps shorting Ethereum.The project has secured a $6 million s...
More / Etherum Reddit - 2 years ago
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