How USDe Pays The Highest Stablecoin Yield | Ethena Founder & CEO Guy Young
Show notes
Guy Young is the founder and CEO of Ethena Labs, which is the entity behind Ethena, the synthetic dollar protocol built on Ethereum. Ethena also introduces a universally available dollar-linked savings option known as the 'Internet Bond'. Ethena introduces an innovative stablecoin model. Throughout our discussion, we thoroughly explore the mechanics and intricacies of Ethena, gaining a deeper understanding of its operation and the risks involved. 0:00 Intro 1:24 Guy Young's Background and Ethena Origin Story 5:33 How is USDe Different? 11:56 Off Exchange Provider Risks 20:23 ETH Short Positions 31:08 Insurance Fund 38:35 USDe Scalability 42:44 New Collateral 45:35 Staked ETH Depeg 48:48 Stablecoin / USDe Use Cases 57:33 Ethena Airdrop 1:00:00 Biggest Risk 1:02:42 Success for Ethena 1:05:40 Revenue Our sponsors https://defisaver.com/?utm_source=Defiant+Youtube&utm_medium=Podcast+Shoutout+february&utm_campaign=Defiant+podcast+shoutout+ad https://stellar.org/soroban?utm_source=defiant&utm_medium=podcast&utm_campaign=defiant_podcast https://matcha.xyz/swap-tokens?utm_source=referral&utm_medium=podcast&utm_campaign=defiant-24Q1 ✨ Check out our new website ✨ https://thedefiant.io/ 🚀 Sign up to our newsletter 🚀 https://thedefiant.io/go-premium#pricing?utm_source=YT&utm_medium=social&utm_campaign=signup 🤑 Find DeFi investment opportunities & educational primers here https://thedefiant.io/promo?utm_source=YT&utm_medium=social&utm_campaign=alpha ✊ Follow The Defiant Twitter: https://twitter.com/defiantnews Discord: https://discord.com/invite/3SdRdEs5ag Instagram: https://www.instagram.com/thedefiant.io/ Telegram: https://t.me/DefiantNews 📬 Contact our Newsroom editorial@thedefiant.io 🤝 Sponsorships & Partnerships sponsors@thedefiant.io #TheDefiant #DeFi #Decentralized #Finance #Blockchain #Web3
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