Ethena Labs partners with Trump’s World Liberty Financial
Ethena has partnered with World Liberty Financial to integrate its sUSDe token with World Liberty's Aave instance. This integration allows users to deposit USDe and earn rewards in both sUSDe and World Liberty's WLF token. An official proposal was submitted to onboard sUSDe as the first new collateral asset for World Liberty Financial, which has passed risk analysis on Aave Core and Lido instances. The Ethena Foundation plans to incentivize the supply of sUSDe through a points program to support dual rewards for users. World Liberty Financial has struggled since its launch, with only $12.7 million in sales during its first 24 hours and a significant amount of unsold tokens. However, an investment from Justin Sun, who purchased $30 million in WLF, provided a cash influx for the company.
