news 
Title: Donald Trump’s WLFI Partners Ethena Labs, What’s Cooking?
Donald Trump’s World Liberty Financial (WLFI) has made a surprising move by partnering with decentralized finance (DeFi) platform Ethena Labs. This collaboration aims to enhance the utility and liquidity of stablecoins within the WLFI ecosystem.
In an official announcement, WLFI revealed that it will integrate Ethena’s staked USDe token (sUSDe) into its Aave-based platform. By doing so, users will have the opportunity to stake USDe and earn rewards in both sUSDe and WLFI’s native WLF token. The integration is expected to improve liquidity and stablecoin utilization within the protocol.
Ethena Labs proposed that their sUSDe become a new collateral asset for the WLFI market, citing rigorous risk evaluations on platforms like Aave Core and Lido. If approved by Ethena users, the platform plans to incentivize this initiative through its points program, supporting dual rewards for participants.
WLFI has faced significant challenges since its launch in October 2024, with only $12.7 million worth of WLFI tokens sold during its debut. However, following a substantial investment from Justin Sun, a well-known figure in the crypto space, the project received a major boost. The investment led to WLF allocating roughly $30 million to acquire assets such as ETH, AAVE, and LINK.
The partnership with Ethena Labs raises questions about whether this new collaboration will mark a turning point for WLFI’s struggling project.
Source: www.cryptonewsz.com
