Ethena promotes its synthetic stablecoin USDe for DeFi sectors with World Liberty Financial. The project also utilizes Aave technology for passive income.
Ethena's Proposal for World Liberty Financial
Ethena proposed using the synthetic stablecoin USDe in World Liberty Financial's asset portfolio. The goal is to position USDe as a core collateral asset. The partnership also enables ecosystem participants to earn rewards in sUSDe and WLFI tokens.
World Liberty Financial's Strategy
World Liberty Financial has sold 5.02 billion WLFI tokens at $0.015 each, reaching only 25% of its target. The project prepares for its role as a DeFi hub by collaborating with Chainlink and Aave.
USDe Supply Expansion
USDe supply has grown to 6.1 billion, ranking third among stablecoins. This growth was fueled by the BTC and ETH bull market, increasing trust in Ethena.
The expansion of USDe supply and partnership with World Liberty Financial highlights Ethena's strategy to strengthen its position in the DeFi market. With future plans and growing trust, the project has promising prospects.
