# Ethena Labs Shards

By [venomzone_](https://paragraph.com/@venomzone) · 2024-02-25

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Yesterday they announced a new funding round.

Follow my guide 👇

@ethena\_labs

it\`s building derivative infrastructure to enable ETH to transform into the Global Internet Bond, to create the first crypto-native, yield-bearing stablecoin: USDE.

They raised over $20M from top funds, like Binance and DragonFly.

1/ App

➡︎Go to > [app.ethena.fi/join/909vj](http://app.ethena.fi/join/909vj)

➡︎Connect wallet

2/ Swap

➡︎Go to buy tab

➡︎Swap your tokens to $USDe

➡︎Confirm

3/ Stake

➡︎Go to the Stake tab

➡︎Stake your USDe

➡︎Confirm

4/ Liquidity

➡︎Go to the Liquidity tab

➡︎Select the pool where the limits are open

➡︎Create LP token on the provider's website

➡︎Stake LP

5/ Referral

➡︎Go to shards tab

➡︎Copy your referral link

Also, on this page, you can see shards that we already farmed.

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*Originally published on [venomzone_](https://paragraph.com/@venomzone/ethena-labs-shards)*