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Synthetic Dollar Protocol Ethena Surges by More Than 45% This Week Amid Rollout of New Product Offerings

Synthetic Dollar Protocol Ethena Surges by More Than 45% This Week Amid Rollout of New Product Offerings


The Daily Hodl
2024-09-28 00:00:41

The native token of the synthetic dollar protocol developer Ethena (ENA) surged by more than 45% this week as the project rolled out multiple new products. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the The post Synthetic Dollar Protocol Ethena Surges by More Than 45% This Week Amid Rollout of New Product Offerings appeared first on The Daily Hodl .


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