# Ethena Labs Shards

**Published by:** [venomzone_](https://paragraph.com/@venomzone/)
**Published on:** 2024-02-25
**URL:** https://paragraph.com/@venomzone/ethena-labs-shards

## Content

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 ➡︎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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