"If someone makes money with your project, it should be you and your users."

As a data infrastructure provider, with the help of Hayes, the project plans to strengthen its positions in the Ethereum ecosystem and AI sector.

This remarkable surge in TVL owes much to Pendle’s strategic integrations with Eigenlayer and Ethena, both of which have garnered immense popularity in the last quarter.

Ethena Labs’ USDe stablecoin offers a high annual yield, sourced from funding payments and staking rewards. However, these particular sources of yield also expose the project to risks that could result in problems for the project during a bear market.

USDe, an "internet bond" backed stablecoin inspired by Arthur Hayes, shrugs off past criticism as it emerges unscathed from the weekend's market turmoil.

Ethena Labs announces its ENA Governance token airdrop, distributing 750 million tokens, or 5% of its total supply, aiming for broader governance engagement. The project’s synthetic dollar stablecoin, USDe, offers a 35% APY, backed by notable investors and exchanges.

Ethena says it's a decentralized rival to stablecoins reliant on the traditional banking system — but its "synthentic dollar" has drawn unfavorable comparisons to ТerraUSD.

Arthur Hayes shared his views on the future of an AI/DAO-based financial system, pointing at Ethereum as the blockchain to underpin its organization.