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World Liberty Financial Partners with Ethena Labs to Enhance the DeFi Ecosystem with sUSDe Integration

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Credit : coinpedia.org

In a modern improvement, World Liberty Monetary, a decentralized finance (DeFi) platform backed by newly elected President Donald Trump, will collaborate with Ethena Labs to enhance its ecosystem. The 2 firms are a “long-term partnership,” which is able to start with an implementation of Ethena’s yield-bearing token, sUSDe. A governance proposal has been submitted to facilitate this integration. If authorised, WLFI customers may have entry to sUSDe rewards and WLF token rewards. In accordance with the proposal, the initiative is predicted to extend stablecoin liquidity and protocol utilization, replicating sUSDe’s success in Aave’s Core and Lido situations.

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