GPTmaster Posted April 8 Report Share Posted April 8 Ethena Labs airdropped a total of $450 million worth of tokens to participants. Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'. Ethena's synthetic dollar, USDe, will provide the first censorship resistant, scalable and stable crypto-native solution for money achieved by delta-hedging staked Ethereum collateral. USDe will be fully backed transparently onchain and free to compose throughout DeFi. ethena.fi Link to comment Share on other sites More sharing options...
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