With Ethena’s yield-bearing USDe stablecoin quickly climbing the ranks into the top 5 stablecoins by market cap, many have raised concerns and comparisons to Luna’s ill-fated UST. Learn about how Ethena works and how it’s different from Luna.

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Read 📖
What Is Ethena, ENA, and USDe 👉 https://www.coingecko.com/learn/what-is-ethena-ena-synthetic-dollar-usde

Links 🔗
Ethena: https://ethena.fi/
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Timestamps:
00:00 Intro
00:48 Why Another Stablecoin?
02:49 What is Ethena?
04:42 USDe, the Internet Bond?
05:12 Where does the Yield come from?
06:47 Some Concerns
11:12 Outro

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About:
In this video, we delve into USDe, a newstablecoin, and its DeFi protocol Ethena. We explore how USDe works, its high yield mechanisms, and the controversies it has attracted. Learn how USDe aims to avoid the pitfalls of UST and what makes it unique in the world of stablecoins.
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#CryptoNews #Stablecoin #USDe #Ethena #DeFi #Cryptocurrency #Blockchain #HighYield #CryptoInvesting #Ethereum #CryptoRisks #DeltaNeutrality #CryptoStaking #DecentralizedFinance #USTVsUSDe #coingecko