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...

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...