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CoinGape 2024-12-18 16:51:02

Just In: Ethena Announces Partnership With Donald Trump’s World Liberty Financial

Just In: Ethena Announces Partnership With Donald Trump’s World Liberty Financial

Ethena Labs has announced a strategic partnership with World Liberty Financial (WLFI), a cryptocurrency project backed by President-elect Donald Trump. The collaboration aims to enhance stablecoin liquidity and boost user rewards across WLFI’s DeFi platforms. Ethena Partnership With World Liberty Financial Ethena Labs is eyeing a partnership with World Liberty Financial (WLFI), a cryptocurrency project supported by President-elect Donald Trump. The announcement, made via an X (formerly Twitter) post, reveals that the collaboration aims to enhance stablecoin liquidity and boost user rewards on WLFI’s decentralized finance (DeFi) platforms. As part of the partnership, a governance proposal has been submitted to add Ethena’s stablecoin, sUSDe, as a core collateral asset on WLFI’s upcoming Aave instance. If approved, this integration will allow WLFI users to earn rewards in both sUSDe and WLFI tokens. Ethena Labs noted that the move would improve liquidity and utilization rates on WLFI’s protocol, similar to the benefits sUSDe has brought to Aave’s core instance. This Is A Breaking News, Please Check Back For More The post Just In: Ethena Announces Partnership With Donald Trump’s World Liberty Financial appeared first on CoinGape .

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