From a macroeconomic perspective, when the market corrects, overall risk tends to weaken, and investors will flock to assets that prioritize yield and stability. The market has recently experienced a significant correction, and this is why Ethena Labs has launched the yield-generating stablecoin USDe! Ethena Labs is committed to building a "synthetic dollar + yield-generating" architecture, generating a stablecoin (USDe) on-chain while providing holders with substantial returns. Unlike traditional stablecoins, USDe is a "synthetic dollar" backed by a combination of crypto assets and derivatives short-hedging strategies. As a governance token, $ENA is also one of the top 100 performing stablecoins on CoinMarketCap. If you're interested in the Ethena ecosystem, you can check out Terminal Finance, a DEX incubated by Ethena. Terminal's treasury is already at full capacity, with over $300 million in total locked value. Stay tuned!