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DeFiSource: Blockonomi ·

Ethena Pay Launches Earn+ Vault With 11x USDe Leverage on Aave

Ethena Pay launched Earn+, a vault that loops USDe and USDT at about 11 times leverage and advertises up to 12% APY. The USDe price feed used on Aave follows USDT, so it may not detect a USDe-only drop in value.

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