sUSDe by @ethena_labs is now supported on Venus @BNBCHAIN 🌟
sUSDe is Ethena's globally accessible dollar savings asset that allows users to earn yield on USDe. It automatically accumulates rewards generated from the protocol's delta-hedging activities.
You can supply & borrow it against your yield-generating holdings, or leverage it in various DeFi strategies across the BNB Chain ecosystem.
Users benefit from Ethena’s weekly-compounding rewards, without the market distortions of other yield stablecoins.
USDe by @ethena_labs is now supported on Venus @BNBCHAIN 🌟
USDe is Ethena's synthetic dollar protocol that provides a crypto-native solution for money in the digital asset ecosystem. USDe achieves stability through delta-hedging BTC, ETH, & SOL spot assets, using perpetual and deliverable futures contracts, alongside holdings in liquid stables like USDC and USDT.
With USDe on Venus, you can supply it as collateral, borrow against your holdings, or leverage it in various DeFi strategies across the BNB Chain ecosystem.
USDe by @ethena_labs is now supported on Venus @BNBCHAIN 🌟
USDe is Ethena's synthetic dollar protocol that provides a crypto-native solution for money in the digital asset ecosystem. USDe achieves stability through delta-hedging BTC, ETH, & SOL spot assets, using perpetual and deliverable futures contracts, alongside holdings in liquid stables like USDC and USDT.
With USDe on Venus, you can supply it as collateral, borrow against your holdings, or leverage it in various DeFi strategies across the BNB Chain ecosystem.