Berry_Bear
@DeFi_Berry_Bear
The recent sharp drops in the market and liquidations have hurt funding rates on both perpetual DEXs and CEXs.
This situation is making things tough for Ethena Labs and its stablecoin, $USDe.
Right now, the average funding rate is only about 5%, which means stablecoin…
Here are the Sats Stats of Ethena Labs $USDe on INIT Capital
With nearly 3 billion Sats earned, stay tuned for the last push to 20M $USDe deposit cap.
Join us tomorrow w DavidHoffman.eth/acc🦇🔊
Expect alpha & key details on the Renzo Rush ⤵️
twitter.com/i/spaces/1OwxW…
✨ Got $ENA? ... Earn $MOE
Merchant Moe continues to grow as the cornerstone DEX in the Mantle ecosystem by partnering with protocols such as Ethena Labs to onboard $USDe and now $ENA.
New Classic LPs and Farms are live:
• $USDT / $ENA
• $ENA / $MNT
Provide liquidity…
🧭Merchant Moe's $USDe Vault is made possible using price feed data from RedStone Oracles ♦️.
RedStone ensures accurate pricing data for assets, enabling Merchant Moe to build and execute an automated liquidity strategy for the $USDe - $USDT Liquidity Book pool.