In a latest development, World Liberty Financial, a decentralized finance (DeFi) platform backed by newly elected President Donald Trump, will collaborate with Ethena Labs to improve its ecosystem. The two companies are looking at a “long-term partnership,” which will begin with an implementation of Ethena’s yield-bearing token, sUSDe. A governance proposal has been submitted to facilitate this integration. If approved, WLFI users will have access to sUSDe rewards and WLF token rewards. According to the proposal, the initiative is expected to increase stablecoin liquidity and protocol usage, replicating sUSDe’s success in Aave’s Core and Lido instances.
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