Ethena Enhances Capital Efficiency and Asset Security Through Cobo SuperLoop

Ethena enables certain users to utilize ETH or liquid staking tokens such as stETH to mint USDe. The synthetic dollar is supported by delta-hedging staked Ethereum, ensuring full collateral backing …

Full story: https://www.tmcnet.com/usubmit/-ethena-enhances-capital-efficiency-asset-security-through-cobo-/2024/02/21/9965335.htm