Ethena Partners With Re to Offer up to 23% APY Through Reinsurance Risk Pools

Ethena, a synthetic dollar protocol, has partnered with the decentralized reinsurance platform Re to enable users to earn yield by depositing stablecoins into reinsurance risk pools. Synthetic Dollar Protocol Ethena Taps Re for High-Yield Reinsurance Pools The integration allows users to lock USDe and sUSDe stablecoins into Re’s Risk Pools, managed by qualified Cell Managers,

Source: Bitcoin.com