Ethena 2025: Convergence
In May I outlined our Ethena 2024 Endgame Roadmap describing our vision to build what we viewed as the most important product in crypto: Internet Money; and in doing so, force the convergence of capital and interest rates across DeFi, CeFi and TradFi. On reflection, our proudest moment this year was our resilience during the 6 months of downtrend. Many sidelined spectators from the peanut gallery were celebrating during this period of market weakness, but some of you stuck with us. And I coul...
Ethena 2025: Convergence
In May I outlined our Ethena 2024 Endgame Roadmap describing our vision to build what we viewed as the most important product in crypto: Internet Money; and in doing so, force the convergence of capital and interest rates across DeFi, CeFi and TradFi. On reflection, our proudest moment this year was our resilience during the 6 months of downtrend. Many sidelined spectators from the peanut gallery were celebrating during this period of market weakness, but some of you stuck with us. And I coul...
Ethena 2024 Roadmap: The Holy Grail: Internet Money
SummaryThis post is intended to outline the roadmap and unified vision for Ethena in the coming months. i) Why we believe Ethena is important ii) What we are excited by: USDe convergence of DeFi, CeFi, TradFi iii) The Ethena Endgame: Money, Network, ExchangeWhy is Ethena Important?The holy grail of crypto has always been, and will always be, attaining the status of money. Bitcoin was originally envisaged as peer-to-peer electronic money and through time evolved into a more narrow and simplifi...
Ethena 2024 Roadmap: The Holy Grail: Internet Money
SummaryThis post is intended to outline the roadmap and unified vision for Ethena in the coming months. i) Why we believe Ethena is important ii) What we are excited by: USDe convergence of DeFi, CeFi, TradFi iii) The Ethena Endgame: Money, Network, ExchangeWhy is Ethena Important?The holy grail of crypto has always been, and will always be, attaining the status of money. Bitcoin was originally envisaged as peer-to-peer electronic money and through time evolved into a more narrow and simplifi...
