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

As per a modern develoment, World Liberty Monetary, a decentralized finance (DeFi) platform backed by President-elect Donald Trump, will collaborate with Ethena Labs to boost its ecosystem. The 2 companies are taking a look at “long-term collaboration,” which can kick off with an implementation of Ethena’s yield-bearing token, sUSDe. A governance proposal has been submitted to facilitate this integration. If authorized, WLFI customers can entry sUSDe rewards and WLF token rewards. In keeping with the proposal, the initiative is anticipated to spice up stablecoin liquidity and utilization of the protocol, replicating sUSDe’s success in Aave’s Core and Lido cases.