Ethena PT integrates Aave, supports high-yield recursive lending, and offers double rewards
April 30 news, according to Ethena Labs, users can now collateralize eUSDe May Pendle PT on Aave, and sUSDe July PT will also be launched. This move marks the first time in DeFi that billions of dollars in PT assets are incorporated into the mainstream lending market, supporting cyclical operations at an interest rate of approximately 4%. Users can achieve an annualized return of about 25% through 5x leverage. Additionally, within the next month, eUSDe and USDe PT deposits will receive double Ethena rewards, while sUSDe PT will receive a single reward.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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