= DeFi notes

2024 - Jun

https://app.ethena.fi/

https://www.hermetica.fi/ https://decrypt.co/239925/bitcoin-developers-launch-btc-backed-stablecoin-as-rune-token “The protocol accomplishes this by coupling a spot BTC position with a short perpetual futures position,” explained Schillinger. The protocol’s design mimics that of Ethena, pioneers of the Ethereum-based stablecoin USDe

2023 - May

DeFiLlama

Long-Short Strat

Given one trusted coin (T) and one untrusted coin (U), deposit both in liquidity pool. Early LP rewards.