Ethena partners with TON to offer 10% APY bonus on tsUSDe holdings via Telegram wallets.
Oluwapelumi Adejumo 2 min read 
According to the BaFin, the sUSDe offer "profit promises," potentially classifying it as a security.
The layer-1 blockchain will focus on DeFi speculation and providing storage and settlement for stablecoins and tokenized assets.
Ethena Labs targets the DeFi frontier with new stablecoin products, aiming to dethrone Tether as the industry leader.
The partnership, if approved, will be a step into WLFI's vision of using stablecoins to maintain the dollar supremacy.
Ethena Labs introduces USDtb, a stablecoin with BlackRock-backed security and multichain versatility.
With a 73% surge in market cap, USDe's appeal lies in rewarding holders with high APY through innovative DeFi integrations.
Wintermute's proposal aimed to realign Ethena's revenue sharing for sENA stakeholders
Wintermute highlights need for transparent revenue guidelines for sENA holders amid Ethena's growth.
