Athena Labs Embraces USDe-Infinex Partnership: Earning Opportunities Abound
CryptoNewsTerminal Staff27 May, 2024
Athena Labs Embraces USDe-Infinex Partnership: Earning Opportunities Abound
In a recent announcement via Twitter, Athena (ENA) Labs revealed the integration of its USDe stablecoin with Infinex, a decentralized exchange (DEX) frontend platform developed by Synthetix (SNX) founder Kain Warwick. This partnership allows users to reap rewards in two ways: earning interest on USDe deposits through Athena Labs and accumulating governance points (GP) on Infinex. The integration takes effect on May 28, 2023, enabling USDe deposits within Infinex. This collaboration provides users with a unique opportunity to maximize their earnings. By depositing USDe on the Infinex platform, they can earn competitive interest rates offered by Athena Labs. Simultaneously, they can participate in Infinex's governance process by accumulating GP, granting them a voice in shaping the platform's future. Athena Labs' integration with Infinex underscores its commitment to expanding the utility of its USDe stablecoin. This strategic move aligns with the company's mission to empower users through innovative financial solutions.
