Article Summary, Automatically Generated By AI
Summary
- Ethena is a synthetic dollar protocol built on Ethereum.
- It provides a crypto-native solution for money, independent of traditional banking system infrastructure.
- The protocol offers a globally accessible dollar-denominated savings instrument called the ‘Internet Bond’.
About Ethena
Ethena is a decentralized, open-source, and community-driven cryptocurrency ecosystem, dedicated to fostering a robust and inclusive financial infrastructure.
Ethena is a pioneering synthetic dollar protocol built on Ethereum, designed to provide a crypto-native solution for money that transcends traditional banking system infrastructure, alongside a globally accessible, dollar-denominated savings instrument — the innovative ‘Internet Bond’.