Glossary Term Definition
The staked variant of USDe issued by Ethena Labs, representing USDe deposited into Ethena's staking contract. Holders earn yield generated from funding rate arbitrage and crypto staking rewards, making it a yield-bearing wrapper for the synthetic dollar.
Glossary Term
The staked variant of USDe issued by Ethena Labs, representing USDe deposited into Ethena's staking contract. Holders earn yield generated from funding rate arbitrage and crypto staking rewards, making it a yield-bearing wrapper for the synthetic dollar.