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 resignation from the protocol. The news comes as a shock to the decentralized finance (DeFi) community, as Czecker played a pivotal role in Ethena’s rapid rise to prominence.
Czecker revealed that he is stepping down due to exhaustion and a desire to take a break. Despite the success he has achieved in his role, Czecker expressed that he is “tired of DeFi.” He mentioned that he has been working without any real holidays for years and deserves some rest.
The head of growth at Ethena had a significant impact on the protocol’s growth, helping it amass nearly $6 billion in total value locked (TVL). His role in driving over $1 billion in DeFi partnerships further solidifies his importance to the project.
While stepping away from his leadership role, Czecker plans to continue supporting Ethena from the sidelines. He will take a one- to two-month break to recharge and explore his artistic side by delving into art, fashion, and other creative pursuits.
Czecker’s resignation comes as a shock to the DeFi community, as he was instrumental in Ethena’s success. His departure leaves a significant gap in the protocol’s leadership and raises questions about who will fill this role moving forward.
In his farewell tweet, Czecker expressed gratitude towards the team for an incredible journey and hinted at not being involved in any other DeFi projects for now.
Source: www.cryptonewsz.com
