How Ethena USDe Pays The Highest Stablecoin Yield | Guy Young
Ойын-сауық
Guy Young is the founder and CEO of Ethena Labs, which is the entity behind Ethena, the synthetic dollar protocol built on Ethereum. Ethena also introduces a universally available dollar-linked savings option known as the 'Internet Bond'. Ethena introduces an innovative stablecoin model. Throughout our discussion, we thoroughly explore the mechanics and intricacies of Ethena, gaining a deeper understanding of its operation and the risks involved.
0:00 Intro
1:24 Guy Young's Background and Ethena Origin Story
5:33 How is USDe Different?
11:56 Off Exchange Provider Risks
20:23 ETH Short Positions
31:08 Insurance Fund
38:35 USDe Scalability
42:44 New Collateral
45:35 Staked ETH Depeg
48:48 Stablecoin / USDe Use Cases
57:33 Ethena Airdrop
1:00:00 Biggest Risk
1:02:42 Success for Ethena
1:05:40 Revenue
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Пікірлер: 15
Much respect for allowing both perspectives after your initial views of Ethena.
Thanks for the interview. I like this guy.
Enjoyed the q&a. Thanks
No doubt this is a good delta neutral strategy vault, and being able to borrow against it is a good feature, but why does this need to be a stablecoin?
@9Br3ak3r
Ай бұрын
so it's composable with other assets
Did he say negative interest rates 😮
@AndrewSaul77
Ай бұрын
Yeah. Crypto oracles reflect market demand. That's both blessing and curse. It's not unheard of. Japan has negative interest rates and have had them for a while now
Respectivly, I would consider selecting a different host, does not sound professional and educated enough for the quality of the channel and guests. Supermassive’s communication skills was a large part of this channels sucess imo
Elephant Money futures crushes this. King of DeFi for a reason.
@AndrewSaul77
Ай бұрын
LoL. Dodgy scam coin from the king of scams BNB chain that recently slithered it's way onto Solana. ELEPHANT has little volume and trades at a shitcoin valuation of 0.00000024 USD Their "stablecoin" TRUNK trades at 0.04 USD. Website looks atrocious. 24hr Volumes are crazy low for both.
@enjinman
Ай бұрын
Nope unless you looked at who put money into then it’s no 😂
pff no thank you
Ponzi? No shame
ponzi scheme Aren’t you embarrassed?
@AndrewSaul77
Ай бұрын
A delta neutral strategy ain't a Ponzi scheme numnuts. Maybe not a stablecoin though...