Ethena Head of Growth: 75% of USDe’s collateral has extremely strong liquidity
According to ChainCatcher news, Seraphim, head of growth at Ethena Labs, posted on the 75% of the total value of all collateral.
Overall, 75% of USDe’s collateral is extremely liquid. In the extreme, before 75% of the collateral is redeemed, the remaining LST can be converted back to ETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 2,000 ETH transferred from BitKan to an exchange, worth approximately $6.3171 million
American Bitcoin increases holdings by 261 BTC, total now reaches 5,044 BTC
VISA launches stablecoin consulting services to keep up with the crypto wave
Data: CoinShares: Digital asset investment products saw net inflows of $864 million last week