The decentralized finance platform STON.fi has partnered with Ethena Labs to integrate their USDe stablecoin onto the TON network. This integration is expected to boost DeFi capabilities and attract new users to the ecosystem. |
Ethena Labs developed USDe, a synthetic stablecoin designed for seamless transactions. The collaboration leverages USDe’s delta-neutral strategy for smooth cross-chain swaps, enabling users to easily exchange USD₮ or TON for USDe.
Through this integration, STON.fi provides new opportunities for users to stake USDe and contribute to the platform’s liquidity pool. They can receive Ethena points as a reward for their participation, furthering DeFi growth on the TON network.
This collaboration marks a significant step in the development of decentralized finance (DeFi) capabilities on the TON network. It facilitates easier asset management for users while unlocking new possibilities for ecosystem expansion.