Former Lido DeFi expansion head Seraphim has joined Ethena Labs as head of growth

Seraphim, the former head of DeFi expansion who resigned from Lido at the end of October, announced that he has joined Ethena Labs as head of growth. In July this year, Ethena Labs completed a round of financing of US$6.5 million led by Dragonfly. The project plans to issue a stable currency USDe that uses pledged ETH as a collateral asset and uses an equal amount of ETH short positions to hedge. While using UEDe, users can also obtain dual benefits from ETH pledges and short funding rates.