Ethena USDe (USDe) Gets Listed on KuCoin!
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our Spot trading platform. Ethena USDe (USDe) will be available on KuCoin!
Please take note of the following schedule:
- Deposits: Effective Immediately (Supported Network: ETH-ERC20)
- Trading: 8:00 on April 2, 2024 (UTC)
- Withdrawals: 10:00 on April 3, 2024 (UTC)
- Trading Pair: USDe/USDT
What is Ethena USDe?
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'.
Ethena's synthetic dollar, USDe, will provide the first censorship resistant, scalable and stable crypto-native solution for money achieved by delta-hedging staked Ethereum collateral. USDe will be fully backed transparently onchain and free to compose throughout DeFi.
The 'Internet Bond' will combine yield derived from staked Ethereum as well as the funding & basis spread from perpetual and futures' markets, to create the first onchain crypto-native 'bond' that can function as a dollar-denominated savings instrument for users in permitted jurisdictions.
Learn More About Ethena USDe:
Website: https://www.ethena.fi/
Whitepaper: click to view
X (Twitter): https://twitter.com/ethena_labs
Token Contract: ETH-ERC20
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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