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ETH $2,421.42 +3.14%
BNB $642.95 +1.15%
XRP $1.48 +1.64%
SOL $88.83 -0.17%
TRX $0.3279 +0.30%
DOGE $0.0995 +0.33%
ADA $0.2587 -0.23%
BCH $453.77 -0.43%
LINK $9.61 +0.56%
HYPE $44.55 +1.56%
AAVE $115.26 -0.10%
SUI $1.00 -0.30%
XLM $0.1743 +3.05%
ZEC $328.92 -3.20%

Sumer.money completes Ethena asset integration

2024-07-20 15:00:52
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ChainCatcher news, the blockchain liquidity infrastructure project Sumer.money has completed the integration of Ethena assets. Sumer's efficient risk engine allows users to use USDe, sUSDe, and PT-sUSDe as collateral on Ethereum, automatically adapting different collateral rates for borrowing assets with varying correlations and/or generating synthetic assets, maximizing capital efficiency without increasing risk.

Sumer will also power high-performance EVM L1 with its unique Supernova core. This tech stack will contribute to the Cosmos SDK as a future architecture solution for L1 and decentralized L2.

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