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The stablecoin earns yield by shorting ether futures and capturing funding rates – which have surged in the past two weeks.
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Stablecoin Project Ethena Labs Bags $4M for USDe Treasury
![Shaurya Malwa](https://morinda.info/wp-content/uploads/2024/03/HW73WVJBJRE2XCZ2GHUM62ON7M.jpg)
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The stablecoin earns yield by shorting ether futures and capturing funding rates – which have surged in the past two weeks.
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Source link