Ethena’s USDe is a unique project that utilizes BTC and ETH as backing assets, along with equal-value short perpetual futures positions, to generate yield. This strategy could potentially provide investors with a stable way to earn returns in a volatile market. Additionally, DeFi platform Pendle’s BTC staking recently announced a floating yield of 45%, which is quite substantial. Both of these projects have the potential to benefit investors, as they offer innovative ways to generate passive income.
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