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Lyra Finance, a DeFi platform, has announced a partnership with Ethena Labs to introduce innovative structured products built on sUSDe. The first product is a leveraged upside ETH product, which allows users to earn 2.5x on their sUSDe yield when ETH appreciates, while preserving the yield when ETH remains flat. Ethena is a synthetic dollar protocol built on Ethereum, providing a crypto-native solution that does not rely on traditional banking infrastructure. This collaboration aims to offer users additional upside exposure to ETH without risking their initial capital.
Lyra Finance, a DeFi platform offering tokenized derivatives and yield, is offering an extra 2.5x on sUSDe yields when ETH rises via a partnership with Ethena. Read more: https://t.co/gLP13iq1Qw
You may have noticed in a recent silo dot finance (#ad) annoucement that incentives have begun flowing to: 1ā£ $USDC deposits in PT-LRT silos 2ā£ $ETH deposits in PT-USDe silo Why not use these to secure 27% on $USD OR 22% on $ETH? Read on š https://t.co/ZcVmbP09FP
šø @Meta2150s has been partnered with @SynboLabs šø #Synbo Protocol is an underlying protocol for decentralized venture capital fund š½ VISIT https://t.co/HB0WhFwOHo #ARB_Universe https://t.co/rqQEfBnfdH