World Liberty Financial Partners with Ethena Labs to Enhance DeFi Ecosystem with sUSDe Integration
World Liberty Financial, the decentralized finance (DeFi) platform backed by President-elect Donald Trump, will partner with Ethena Labs to enhance its ecosystem, according to the latest development. The two companies are considering a “long-term collaboration” that would begin with the implementation of Ethena’s yield token, sUSDe. Governance proposals have been submitted to facilitate this integration. If approved, WLFI users can receive sUSDe rewards and WLF token rewards. According to the proposal, the initiative is expected to increase the stablecoin’s liquidity and the protocol’s utilization, replicating the success of sUSDe in Aave’s Core and Lido instances.
