Ethena shared its 2024 roadmap, aiming to become a unified currency layer. The aggregated liquidity layer can link decentralized and centralized exchanges while USDe serves as a fulcrum asset. Two large-wallet investors have deposited $15 million in ENA to Bybit early on Friday.
One of the major challenges faced by users is that of liquidity of assets on decentralized exchanges. Ethena’s plan is to supporting deeper liquidity on newly incubated decentralized exchanges, by aggregating it with centralized exchanges. The synthetic dollar that the firm offers would operate across dApps without relying on the infrastructure used by traditional finance firms.
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