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Trump Family's DeFi Project Seeks Collaboration with Ethena Labs

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JH Kim
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  • The DeFi protocol WLFI, led by the Trump Family, announced that it is seeking collaboration with Ethena Labs.
  • WLFI is pushing to add sUSDe as a collateral asset in the instance of Aave.
  • The two companies stated that they will continue to seek collaboration opportunities even if the governance proposal is rejected.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

According to The Block, a cryptocurrency-focused media outlet, the DeFi protocol World Liberty Financial (WLFI), led by the Trump Family, is seeking collaboration with Ethena Labs, the issuer of the stablecoin USDe, as announced on the 18th (local time).

The two companies are pushing to add sUSDe as a core collateral asset in the WLFI instance (planned) of the decentralized cryptocurrency lending protocol Aave.

Ethena Labs has also proposed a governance proposal with this content. The two companies added that they will continue to seek collaboration opportunities even if this governance proposal is rejected.

AAVE
WLFI
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