Ethena’s USDe token, sometimes called “artificial greenback,” affords regular yields to buyers through the use of ether (ETH) liquid staking tokens similar to Lido’s stETH as backing property, pairing them with an equal worth of quick ETH perpetual futures place on derivatives exchanges to maintain a “tough goal” of $1 worth. That is often known as a “money and carry” commerce, which harvests derivatives funding charges for a yield.
