Guy Young, Founder and CEO of @Ethena, shares why trust is the whole business model and how $30 billion proved it. "If you really think about the business models of DeFi applications outside of trading infrastructure, that's really what it comes down to." "We've had about $30 billion flow through USDe on mints and redeems and NEVER lost a single basis point of someone else's money." "Three years ago people said this is the next Luna, it's going to blow up. That's not the perception right now."
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