On Ethena, customers can deposit stablecoins similar to tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to obtain Ethena’s USDe, which may then be staked. Unstaking takes seven days. The staked USDe tokens may be equipped to different DeFi platforms to earn further yield.
DeFi Platform Ethena Will Quick Bitcoin (BTC) and Ether (ETH) to Difficulty Artificial {Dollars} USDe
