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With the development of Web3 to this day and the rising market value of industry projects, more and more developers are entering this industry.
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By holding LST and an equivalent amount of perpetual contract short positions, Ethena has created a delta-neutral CDP, pioneering a new chapter in synthetic dollars .
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With the completion of the Cancun upgrade and the reduction of L2 gas fees, the market’s focus has once again shifted to L2.
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