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Ethena 2024 Roadmap: The Holy Grail: Internet Money — G | Ethena

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i) Why we believe Ethena is important ii) What we are excited by: USDe convergence of DeFi, CeFi, TradFi iii) The Ethena Endgame: Money, Network, Exchange The holy grail of crypto has always been, and will always be, attaining the status of money. Bitcoin was originally envisaged as peer-to-peer electronic money and through time evolved into a more narrow and simplified value proposition: a digital store of wealth. Next, Ethereum brought the vision of a platform for programmable smart contracts and decentralized applications to life. Through time, and various iterations on Ethereum’s monetary policy, the value proposition of ETH the asset again converged to its use as money. And as we continue to create more layers of infrastructure, the vast majority of which are complete vapourware which can never justify their valuation on any metric of fee generation, once again, valuations are tied to the probability that these tokens can become money in their own local economies of empty vacuous

Summary This post is intended to outline the roadmap and unified vision for Ethena in the coming months. i) Why we believe Ethena is important ii) What we are excited by: USDe convergence of DeFi, CeFi, TradFi iii) The Ethena Endgame: Money, Network, Exchange Why is Ethena Important? The holy grail of crypto has always been, and will always be, attaining the status of money . Bitcoin was originally envisaged as peer-to-peer electronic money and through time evolved into a more narrow and simplified value proposition: a digital store of wealth. Next, Ethereum brought the vision of a platform fo

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