Ethena: Derive (DRV) will launch on January 15 next year
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2024-12-04 21:03 8,421
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Golden Finance reported that Ethena posted on social media that Derive (DRV) will be launched on January 15 next year, and 5% of the supply will be allocated to sENA pledgers.
As previously reported, Ethena announced yesterday that it has reached a cooperation with Derive. Derive has introduced sUSDe as collateral into the protocol and built the first on-chain structured product for sUSDe. As part of this partnership, the Ethena Foundation has provided Derive with a multi-million dollar grant.