Cryptocoins News / EthereumWorldNews - 2 years ago
Arthur Hayes’s “Holy Grail” Stablecoin DeFi Project Ethena Raises $6M
Ethena is a startup that is developing a stablecoin and digital savings bond that will be backed by derivatives.The stablecoin will be backed by equal amounts of staked ETH and perpetual swaps shorting Ethereum.The project has secured a $6 million s...