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Sumer.money Completes Ethena Asset Integration

CointimeCointime2024/07/20 08:31
By:Cointime

On July 20th, Sumer.money, a blockchain liquidity infrastructure project, completed the integration of Ethena assets. Sumer's efficient risk engine allows users to use USDe, sUSDe, and PT-sUSDe as collateral on Ethereum, automatically adapting different collateral ratios for borrowing and/or generating synthetic assets with different correlations, maximizing capital efficiency without increasing risk. Sumer will also provide power to high-performance EVM L1 with its unique Supernova kernel. This technology stack will contribute to Cosmos SDK as an architecture solution for future L1 and decentralized L2.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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