Ethena’s Stablecoin USDe Gains Utility in Derive’s Decentralized Options Protocol

TL;DR Ethena and Derive have integrated the USDe stablecoin as collateral for options trading, facilitating the creation of new products on Derive’s platform. As part of the collaboration, a multi-million dollar grant will be awarded to Derive, and sENA holders will be able to receive 5% of the total supply of Derive’s governance token, DRV. ... source: https://crypto-economy.com/ethenas-stablecoin-usde-gains-utility-in-derives-decentralized-options-protocol/