According to the official announcement from Ethena Labs, Ethena Labs has achieved a significant DeFi integration partnership with Aave to promote the use of the USDe stablecoin. This partnership allows users to store USDe in Aave and perform cycle operations with other stablecoins, or use stETH, weETH, ETH, and WBTC as collateral to borrow stablecoins, and then convert them to USDe or Ethena's sUSDe. Users can earn corresponding Sats rewards by holding USDe or sUSDe, or borrow GHO with collateral of stETH, ETH, rETH, or weETH and exchange them for USDe, with rewards of up to 20 times.
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According to the official announcement from Ethena Labs, Ethena Labs has achieved a significant DeFi integration partnership with Aave to promote the use of the USDe stablecoin. This partnership allows users to store USDe in Aave and perform cycle operations with other stablecoins, or use stETH, weETH, ETH, and WBTC as collateral to borrow stablecoins, and then convert them to USDe or Ethena's sUSDe. Users can earn corresponding Sats rewards by holding USDe or sUSDe, or borrow GHO with collateral of stETH, ETH, rETH, or weETH and exchange them for USDe, with rewards of up to 20 times.