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Ethena Foundation awards multi-million dollar grant to Derive

Ethena Foundation awards multi-million dollar grant to Derive

CointimeCointime2024/12/03 00:55
By:Cointime

Derive (formerly known as Lyra), an options agreement protocol, announced a partnership with Ethena and officially joined the Ethena Network. As part of the partnership, the Ethena Foundation provided Derive with millions of dollars in grants, and sENA token holders will be eligible to receive 5% of the DRV token supply from Derive DAO.

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