Ethena (as per ethena.fi)? And, given that Frax is a backer of Ethena, why does Frax allow Ethena to state that Frax is not 'transparent' and not 'decentralized' (pretty funny coming from a project relying 100% on steth, which itself has an eth staking monopoly, but anyway)
Oof. Sam backed Ethena and that’s what they’re saying? Link?
Sam personally? Okayyy... would be interesting if he could get ethena to stake via frxeth. Sounds beneficial to both projects. Link: https://ethena-labs.gitbook.io/ethena-labs/alternatives-existing-stablecoins
Very unlikely as Kain and others are affiliated with Lido.
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