AAVE and Aave Partners with Eterna Labs to Support Protocol USDe Deposits
CryptoNewsTerminal Staff06 Jun, 2024
AAVE and Aave Partners with Eterna Labs to Support Protocol USDe Deposits
Aave, a decentralized crypto lending protocol, has partnered with Stablecoin issuance protocol Eterna (ENA) Labs. Through this partnership, ENA Labs will integrate with Aave, allowing users to deposit USDe on Aave and borrow against stETH, weETH, ETH, and WBTC. Additionally, users will be able to lend and borrow USDe and sUSDe. This integration is a significant step forward for both Aave and Eterna Labs. It will allow Aave users to access a broader range of assets and Eterna Labs users to access Aave's deep liquidity. The partnership is also a testament to the growing popularity of decentralized finance (DeFi) and the increasing use of stablecoins in DeFi applications.
