Ethena's synthetic dollar USDe has been integrated into Tydro, an Aave v3-based lending protocol on the Ink network. The initial deposit cap is set at $200 million, expected to open around 7:30 AM Beijing time on November 15.
Further increases to the deposit cap will be announced separately by Ethena.
USDe Integrates with Ink Lending Protocol Tydro, Initial Deposit Cap Set at $200M
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.