Ethena announces cooperation with Initia, stablecoin USDe tokens will be connected to the Initia ecosystem
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According to Initia's social media disclosure, Ethena announced a strategic cooperation with blockchain network Initia, and its stablecoin USDe will be connected to the Initia ecosystem.
This cooperation includes three main aspects:
First, we will establish an incentive INIT-sUSDe native liquidity pair, and provide Ethena rewards, INIT pledge rewards and exchange fees for liquidity locations;
Second, Ethena will provide rewards for Initia ecosystem applications that use its assets as core components, including full-stack applications such as Cabal, Echelon and Rave;
Third, Ethena will invest in the Initia ecosystem, starting with Echelon.