news 
Tired of DeFi: Ethena’s Head of Growth Steps Down
In a surprising move, Seraphim Czecker, the head of growth at Ethena, has announced his departure from the protocol. According to a tweet by Czecker, he is stepping down to take a break and pursue artistic pursuits.
Czecker revealed that he will be taking a one- to two-month hiatus to recharge and explore art, fashion, and other creative interests. While stepping away from his leadership role, he expressed his gratitude for the incredible journey he has been on with Ethena, stating it was “truly incredible and rewarding.”
Despite his success in driving over $1 billion in DeFi partnerships and contributing significantly to Ethena’s growth, Czecker admits that he is tired of the space. In a candid admission, he stated, “I am also tired of DeFi. I’ve been doing this for years without any real holidays, worked with every major liquidity provider, protocol, KOL in the space and deserve some rest. I’ve done literally everything you could do in DeFi.”
This shocking announcement raises questions about the sustainability of Czecker’s role and the long-term viability of his responsibilities. As a leading figure in the DeFi ecosystem, it will be interesting to see how Ethena adapts to this change and what impact it may have on their growth trajectory.
Czecker played a pivotal role in Ethena’s rise to prominence within the decentralized finance (DeFi) ecosystem, helping USDe stablecoin issuer amass a total value locked (TVL) of nearly $6 billion.
Source: www.cryptonewsz.com
