With the launch of sUSDe from Ethena Labs and yield markets from Pendle on the Avalanche platform, users gain access to new earning opportunities.
sUSDe: A New Approach to Stable Assets
sUSDe is a staked version of USDe, a synthetic asset pegged to the dollar. It allows users to earn from market activity in the crypto ecosystem while holding a stable asset. sUSDe employs delta-neutral hedging to minimize price fluctuations while generating income from various sources.
Pendle Creates New Yield Opportunities
Pendle offers tokenized yield markets for sUSDe, allowing users to split their staked tokens into Principal and Yield Tokens. Users can earn on swap fees and reap the benefits of operations via the Pendle interface.
Operating on Avalanche: Benefits and Opportunities
All markets operate fully on the Avalanche network, ensuring low fees and fast transaction speeds. This allows users to earn yields linked to market activity around perpetual trades and observe yield changes based on market cycles.
The launch of sUSDe and Pendle's yield markets on Avalanche showcases the evolution of DeFi, providing users with new and more flexible avenues for earning.
