bitcoin
Bitcoin (BTC) $ 97,697.18
ethereum
Ethereum (ETH) $ 2,710.08
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 657.39
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.81
binance-usd
BUSD (BUSD) $ 0.995433
dogecoin
Dogecoin (DOGE) $ 0.279256
cardano
Cardano (ADA) $ 0.798543
solana
Solana (SOL) $ 194.87
matic-network
Polygon (MATIC) $ 0.322251
polkadot
Polkadot (DOT) $ 5.07
tron
TRON (TRX) $ 0.233004
bitcoin
Bitcoin (BTC) $ 97,697.18
ethereum
Ethereum (ETH) $ 2,710.08
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 657.39
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.81
binance-usd
BUSD (BUSD) $ 0.995433
dogecoin
Dogecoin (DOGE) $ 0.279256
cardano
Cardano (ADA) $ 0.798543
solana
Solana (SOL) $ 194.87
matic-network
Polygon (MATIC) $ 0.322251
polkadot
Polkadot (DOT) $ 5.07
tron
TRON (TRX) $ 0.233004

Bybit and Ethena team up for efficient USDe rewards and collateral management

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Bybit, the world’s second-largest cryptocurrency trade by buying and selling quantity, is proud to announce the combination of USDe, an revolutionary secure margin collateral that generates rewards, into its platform. This integration marks a serious milestone in merchants’ skill to effectively handle their collateral whereas unlocking rewards and incomes yields.

This strategic integration between Bybit and Ethena represents a forward-thinking transfer that seeks to reshape the stablecoin panorama within the cryptocurrency trade. Bybit’s adoption of Ethena’s USDe introduces a brand new paradigm in buying and selling rewards and collateral administration.

“We’re thrilled to announce this partnership with Ethena, aligning nice minds to drive improvements within the trade. Integrating USDe into Bybit gives us unparalleled strategic benefits to foster and form a extra vibrant and resilient cryptocurrency ecosystem. We sit up for the revolutionary developments this partnership will deliver and the constructive affect it’ll have on our customers and the broader cryptocurrency neighborhood.”

Ben Zhou, Co-Founder and CEO of Bybit

“Ethena’s integration with Bybit is a big step in the direction of boosting USDe’s use circumstances. Providing USDe as collateral on Bybit, which is among the most necessary derivatives venues in all of crypto, will unlock the following wave of USDe progress, additional difficult the hegemony of current stablecoins with a customized product designed particularly for crypto natives.”

Man Younger, CEO and Founding father of Ethena Labs

Marketing campaign Highlights:

  • Customers can get pleasure from a day by day airdrop of as much as 20% APR completely with USDe, together with a exceptional 90% Collateral Worth Ratio (CVR).
  • Customers can effortlessly accumulate rewards by merely holding USDe, eliminating the necessity for staking or locking mechanisms.
  • Customers will obtain their rewards day by day at 6am UTC straight into their funding accounts, with no minimal holding necessities.
  • Customers should buy and promote with out charges on USDe/USDT and USDe/USDC spot pairs.
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For extra data, please go to: https://bulletins.bybit.com/en/article/boost-your-returns-with-usde-enjoy-until-april-20-blt51cc40408924bb2c/

About Bybit

Bybit is the world’s second-largest cryptocurrency trade platform by buying and selling quantity, serving over 37 million customers. Based in 2018, Bybit gives an expert platform the place cryptocurrency traders and merchants can discover an ultra-fast matching engine, 24/7 customer support, and multilingual neighborhood help. Bybit is a proud accomplice of the reigning Formulation One constructors’ and drivers’ champions – the Oracle Pink Bull Racing Group.

For extra particulars about Bybit, please go to Bybit Press.

For media inquiries, please contact: [email protected]

For extra data, please go to: https://www.bybit.com

Updates, please comply with: Bybit Communities and Social Media


The content material and hyperlinks offered on this article are for informational functions solely. CriptoNoticias doesn’t provide authorized, monetary or funding recommendation or suggestions. Cryptocurrency investments via ICOs and token pre-sales are excessive danger. Every get together should conduct their very own analysis and make investments at their very own danger. CriptoNoticias doesn’t endorse any funding provide or comparable promoted right here. For extra data, go to our Disclaimer.

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