Ethena Labs announced today that it is partnering with World Liberty Financial (WLFI), Donald Trump’s token project. Together, they will list the sUSDe token from Ethena as a collateral asset on WLFI’s Aave v3 instance.

Both firms will benefit from this partnership, as Ethena Labs will have a new use case for its sUSDe token, and WLFI will have a collateral asset that has already passed Aave Core’s risk analysis.

Ethena and WLFI Partner Up on Aave

According to the announcement, this partnership is linked to a new governance proposal on WLFI. If the proposal passes, than sUSDe, a staked version of Ethena Labs’ USDe stablecoin, will become a core collateral asset on WLFI’s Aave instance.

“Should it pass, this proposal will enable WLFI users to benefit from sUSDe rewards and also WLF token rewards. This integration will increase stablecoin liquidity and utilization rates on the protocol, as sUSDe’s integration has on Aave’s Core instance,” the company wrote on X (formerly Twitter).

Although WLFI suffered dramatic setbacks in a botched presale launch, Donald Trump’s election victory has ushered in new investment capital.

Last week, WLFI invested $1 million into Aave’s AAVE governance/utility token, which boosted its value by approximately 30%. The protocol has planned an Aave in

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Author: Landon Manning