[Analysis of stablecoin trend after the Genius Act] Can USDe. the miss of the stablecoin. turn around against the wind?

👇 Watch the wonderful collection: https://www.youtube.com/playlist?list=PL8TucFEdE7u4cPeoLp5OYPdXTKex57XYf https://www.youtube.com/playlist?list=PL8TucFEdE7u4O1-CIbqTw0Z8FNxm4e1ew https://www.youtube.com/playlist?list=PL8TucFEdE7u7ItFYNmlZcoJ7hf3a6iteH https://www.youtube.com/playlist?list=PL8TucFEdE7u6mx0ijxa5IKOR1Wuo0EkoK https://www.youtube.com/playlist?list=PL8TucFEdE7u7jDWQZBHAOSevkPXXamb26 -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The program takes USDe / Ethena as the core case and systematically explains its mechanisms and risks: • Model analysis: Spot long + sustainable short Delta How to build "stability" in neutral ideas? • Source of income: Where does the interest/interest spread come from? What is the difference from the traditional reserve model of holding government bonds and RWA? • Risk comparison: From the review of the "death spiral" of UST/Luna to USDe, how to reduce the risk of runs and liquidation? • Ecological Positioning: Potential use cases and restrictions of USDe in Ethereum and DeFi scenarios (whitelist, minting/redemption threshold). • Conclusion list: Advantages, shortcomings and possible black swans. Welcome to discuss your judgment of USDe and position configuration ideas in the comment section. #Stablecoin#USDe #Ethena #USDT #USDC #DeFi #Ethereum #Permanent Contract #Hedging#Genius Act Video Chapter 00:00:00 Genius Act and Stablecoin Figure 00:00:44 USDe / Ethena Project Overview 00:02:03 Opening and Summary (Go to the Topic) 00:04:07 Is there any chance for stablecoins outside the perspective of compliance? 00:05:50 Current development status of DAI 00:06:18 How USDe can achieve more than 00:06:16 Governance and advantages of USDe projects 00:09:20 Core advantages: no over-collateralization; no interest payment and interest generation; ecological prospects advantages, covering both TradFi and DeFi. 00:13:31 Explain the source of USDe's returns 00:14:34 Delta Neutral: Spot long + Permanent short 00:17:44 Summary and outlook (phase summary) 00:19:04 Project risk warning 1 00:20:01 Project risk warning 2 00:20:12 Project risk warning 3 00:21:16 Project risk warning 4 00:21:45 Risk solutions and assessment 00:23:45 Easter egg 1: Casting/redemption and whitelist threshold 00:25:06 Easter egg 2: Connecting with TradFi through iUSDe 00:26:04 Conclusion