How USDe Pays The Highest Stablecoin Yield | Ethena Founder & CEO Guy Young
The Defiant4 Mar 2024

How USDe Pays The Highest Stablecoin Yield | Ethena Founder & CEO Guy Young

Guy Young is the founder and CEO of Ethena Labs, which is the entity behind Ethena, the synthetic dollar protocol built on Ethereum. Ethena also introduces a universally available dollar-linked savings option known as the 'Internet Bond'. Ethena introduces an innovative stablecoin model. Throughout our discussion, we thoroughly explore the mechanics and intricacies of Ethena, gaining a deeper understanding of its operation and the risks involved.


0:00 Intro

1:24 Guy Young's Background and Ethena Origin Story

5:33 How is USDe Different?

11:56 Off Exchange Provider Risks

20:23 ETH Short Positions

31:08 Insurance Fund

38:35 USDe Scalability

42:44 New Collateral

45:35 Staked ETH Depeg

48:48 Stablecoin / USDe Use Cases

57:33 Ethena Airdrop

1:00:00 Biggest Risk

1:02:42 Success for Ethena

1:05:40 Revenue


Our sponsors

https://defisaver.com/?utm_source=Defiant+Youtube&utm_medium=Podcast+Shoutout+february&utm_campaign=Defiant+podcast+shoutout+ad

https://stellar.org/soroban?utm_source=defiant&utm_medium=podcast&utm_campaign=defiant_podcast

https://matcha.xyz/swap-tokens?utm_source=referral&utm_medium=podcast&utm_campaign=defiant-24Q1


✨ Check out our new website ✨

https://thedefiant.io/


🚀 Sign up to our newsletter 🚀

https://thedefiant.io/go-premium#pricing?utm_source=YT&utm_medium=social&utm_campaign=signup


🤑 Find DeFi investment opportunities & educational primers here

https://thedefiant.io/promo?utm_source=YT&utm_medium=social&utm_campaign=alpha


✊ Follow The Defiant

Twitter: https://twitter.com/defiantnews

Discord: https://discord.com/invite/3SdRdEs5ag

Instagram: https://www.instagram.com/thedefiant.io/

Telegram: https://t.me/DefiantNews


📬 Contact our Newsroom

editorial@thedefiant.io


🤝 Sponsorships & Partnerships

sponsors@thedefiant.io


#TheDefiant​ #DeFi​ #Decentralized​ #Finance​ #Blockchain #Web3

Episoder(326)

Robinhood’s Crypto Head Johann Kerbrat on Why Public Blockchains Will Win

Robinhood’s Crypto Head Johann Kerbrat on Why Public Blockchains Will Win

Robinhood is opening the testnet for its Arbitrum-based Ethereum Layer 2. In this episode, we sit down with the fintech’s head of crypto, Johann Kerbrat, to discuss the strategic move to build on Ethe...

11 Feb 41min

Rebuilding Global Payments with Stablecoins | Circle & USDC with Nikhil Chandhok

Rebuilding Global Payments with Stablecoins | Circle & USDC with Nikhil Chandhok

Stablecoins have quietly become the most successful use case in crypto.In this episode, Nikhil Chandhok, Chief Product & Technology Officer at Circle, explains why USDC is more than a digital dollar —...

6 Feb 45min

Crypto’s Point of No Return: Institutions are Finally Here, with Brett Tejpaul

Crypto’s Point of No Return: Institutions are Finally Here, with Brett Tejpaul

2025 marked a turning point for crypto.In this episode, Brett Tejpaul, head of Coinbase Institutional, sits down with Camila Russo to explain why institutional adoption accelerated last year. From ETF...

4 Feb 49min

Why OG DeFi Failed | Kain Warwick, Founder of Synthetix

Why OG DeFi Failed | Kain Warwick, Founder of Synthetix

Kain Warwick—DeFi OG and founder of Synthetix and Infinex—is back on The Defiant Podcast with Camila Russo for a no-BS conversation at a pivotal moment: Infinex just ran its INX token sale and is head...

30 Jan 54min

Ethereum is for Institutions: Danny Ryan Says Tokenization Isn't Enough

Ethereum is for Institutions: Danny Ryan Says Tokenization Isn't Enough

In this interview, Camila Russo sits down with Danny Ryan — former Ethereum Foundation researcher and a key leader behind Ethereum’s shift to proof of stake — now Co-Founder & President at Etherealize...

29 Jan 26min

How Stablecoins Are Rewiring Global Payments | Borderless CPO Alex Garn

How Stablecoins Are Rewiring Global Payments | Borderless CPO Alex Garn

In this episode of The Defiant Podcast, Chris Storaker sits down with Alex Garn, Chief Product Officer at Borderless, to unpack how stablecoins are quietly transforming cross-border payments — and wha...

9 Jan 25min

The Rise of the Fan Economy | Consumer Crypto | Avalanche Ecosystems Ep. 4

The Rise of the Fan Economy | Consumer Crypto | Avalanche Ecosystems Ep. 4

For consumer crypto to thrive it needs to embrace financialization to deliver a better experience, and maker sure crypto disappears everywhere else. Projects doing this right sit in an emerging sector...

5 Jan 18min

Uniswap is about to “turn on the switch.” with Hayden Adams

Uniswap is about to “turn on the switch.” with Hayden Adams

In this episode of The Defiant Podcast, Uniswap founder Hayden Adams joins us right as the UNIfication (Unification) proposal has moved to a final governance vote—a sweeping plan from Uniswap Labs + t...

22 Des 20251h 8min

Populært innen Teknologi

lydartikler-fra-aftenposten
romkapsel
energi-og-klima
teknisk-sett
tomprat-med-gunnar-tjomlid
elektropodden
nasjonal-sikkerhetsmyndighet-nsm
fornybaren
rss-impressions-2
shifter
teknologi-og-mennesker
rss-polypod
rss-ai-forklart
pedagogisk-intelligens
rss-ki-praten
smart-forklart
rss-alt-vi-kan
rss-alt-som-gar-pa-strom
blaskjerm-brodrene
rss-forenklingspodden