{"id":145103,"date":"2024-12-19T12:00:06","date_gmt":"2024-12-19T10:00:06","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145103"},"modified":"2024-12-19T04:48:47","modified_gmt":"2024-12-19T02:48:47","slug":"ethena-labs-partners-with-trump-assosiated-crypto-project","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethena-labs-partners-with-trump-assosiated-crypto-project\/","title":{"rendered":"Ethena Labs Partners with Trump-Assosiated Crypto Project"},"content":{"rendered":"

This collaboration<\/a> <\/strong>includes a proposal to incorporate Ethena’s sUSDe<\/a> <\/strong>stablecoin into WLFI’s upcoming Aave-powered lending platform, potentially allowing users to earn rewards in both sUSDe and WLFI tokens. This move aims to boost liquidity and utilization within WLFI\u2019s ecosystem.<\/p>\n

WLFI has also been shifting its focus towards Ethereum, converting nearly $50 million worth of stablecoins into ETH in recent weeks. This strategic allocation, which includes recent purchases via CoW Swap, positions ETH<\/a> <\/strong>as the project’s largest asset. Experts suggest that this move reflects WLFI’s broader strategy of holding ETH as a reserve rather than relying solely on stablecoins.<\/p>\n

The WLFI token sale, which started in October, has raised $55 million so far, but is still short of its $300 million goal. The raised funds are being reinvested into DeFi protocols and crypto assets, further supporting WLFI’s goal to become a leading player in decentralized finance.<\/p>\n