Ethena and Initia have reached a cooperation, the stablecoin USDe token will be integrated into the Initia ecosystem
ChainCatcher news, Initia announced on social media that Ethena has established a strategic partnership with the blockchain network Initia. Its stablecoin USDe will be integrated into the Initia ecosystem.
This cooperation includes three main aspects: First, an incentive INIT-sUSDe native liquidity pair will be established, providing Ethena rewards, INIT pledge rewards and exchange fees for liquidity positions; Second, Ethena will provide rewards for applications in the Initia ecosystem that use its assets as core components, including full-stack applications such as Cabal, Echelon and Rave; Thirdly, Ethena will invest in the Initia ecosystem starting from Echelon.
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.
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