Ethena Labs
Ethena Labs
ETH-1.62%
USDC0.00%
Ethena assets are powering @infinifilabs sUSDe & Ethena PTs now sit at the core of iUSD, InfiniFi's digital dollar Over 50% of InfiniFi's iUSD backing will be allocated to Ethena assets sENA holders are also eligible for boosted InfiniFi points
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infiniFi
infiniFi
infiniFi x Ethena Announcing our alignment with @Ethena_labs - amplified APY, smarter risk exposure, & new rewards for sUSDe, PT, & Ethena holders. Same Quality, Higher Yields, No Leverage. Here’s how it works 👇
Every dollar locked into infiniFi drives net growth in the Ethena ecosystem, at a current rate of $1.6 of Ethena assets for each $1 put into infiniFi as they acquire sUSDe/eUSDe, then the respective Ethena PTs with dollars deposited Users can commit USDe to infiniFi and earn rewards, such as APY, infiniFi points, & Ethena points. Users that commit USDC or other stables will also have some of their balance converted into USDe and other Ethena-powered assets Soon users will be able to do the same with sUSDe & Ethena PTs, and also be eligible for infiniFi & Ethena points
sENA holders will be eligible for an exclusive boost within infiniFi's "active points program" when interacting with the infiniFi protocol and iUSD with Ethena assets There will be an additional early bird bonus applied for the next two weeks More details on sENA holder eligibility and infiniFi's point program can be found in their thread
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infiniFi will be a market agnostic consistent buyer of Ethena @pendle_fi PTs and other Ethena ecosystem assets, as shown below with their existing holdings infiniFi is the latest of many on-chain capital allocation protocols and digital dollar protocols to integrate Ethena as a core part of their strategy
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