Immutable Edge 🧵
Immutable Edge 🧵
BTC-0.44%
ETH-1.61%
AAVE-3.50%
As long as funding is between 10-14%, Ethena should grow TVL way faster than before, with no constraints on AAVE etc. It's also important to point out that Blackrock, Apollo do everything on-chain using Securitize. The current SEC chairman was also on Securitize's board. Ethena x Securitize chain @convergeonchain has major potential to capture TradFi funds which is still very under appreciated.
Ethena Labs
Ethena Labs
For the first time in 6 months average funding across BTC and ETH has broken above baseline funding at 11% The last period we saw funding sustain above these levels in Q4 last year the supply of USDe increased 2.5x in 6 weeks Data:
Gallery 1
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