Safe has partnered with Ethena Labs, and USDe holders will receive 10x points bonus.

【Blockchain Rhythm】Safe Foundation and Ethena Labs announced a partnership mainly to promote the use of USDe, an on-chain synthetic dollar, within the ecosystem.

From practical operations, this collaboration has brought many benefits to USDe users. When trading USDe on the Ethereum mainnet, Gas fees are directly reduced or even completely waived — which is quite substantial for those who frequently perform DeFi operations. More attractively, if USDe is stored in Safe multi-signature wallets, users can earn a 10x bonus under the Ethena points program, effectively giving a benefit directly to the holders.

The two organizations also have a clear approach: the core significance of this partnership is to steer the stablecoin economy towards a self-custody track. In simple terms, it encourages more users to choose self-managed assets rather than relying on centralized platforms. Safe aims to make its multi-signature wallet the preferred gateway into the Ethena ecosystem. Data shows this approach has a solid foundation — currently, Safe manages $6.6 billion in stablecoins, with just sUSDe (the staked version of USDe) holding $65.1 million, accounting for nearly 85% of the total Ethena assets in Safe. This scale indicates that USDe is quite well recognized among self-custody users.

SAFE17,26%
ENA3,77%
ETH3,13%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
CompoundPersonalityvip
· 4h ago
10x bonus, do I need to move it into Safe? --- Gas fees are directly waived, now I can do DeFi properly --- Self-custody is truly the future, centralized platforms are indeed unreliable --- Wait, just put USDe into Safe and get 10x? Feels a bit too good to be true --- Both stablecoins and self-custody, it seems everyone wants to escape CEX --- Saved on Gas fees, points are doubled again, I’m tempted --- The collaboration between Safe and Ethena is okay, but can USDe compete? --- Is using a multi-signature wallet troublesome? Is it worth the hassle for a 10x bonus? --- Self-custody sounds advanced, but will the actual operation be very complicated? --- The direction of stablecoin economy self-custody is indeed correct, centralized ones are too risky
View OriginalReply0
MysteryBoxAddictvip
· 4h ago
10x bonus? How much do I need to stockpile to break even, and what's the point of saving on Gas fees?
View OriginalReply0
ser_ngmivip
· 4h ago
Saving 10 times on gas and earning points too, this wave is truly tempting
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt