$5 Billion in Months: Is Ethena's Strategy the Future of Stablecoins?
The blocmates Podcast
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Navigating Negative Funding Rates: Strategic Shifts in a Bearish Market
This chapter explores strategies for managing a bearish market with negative funding rates, focusing on a protocol's shift from perpetual futures to dynamic allocations in yield-bearing stablecoins. It discusses the importance of stabilizing revenue and enhancing resilience through a growing reserve fund and significant backing in liquid stables.
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