Exercise 24 · 15 min

What backs sUSDe

Time: 20 to 30 minutes · You'll need: a calculator and a browser for Ethena's docs (no wallet) · Builds on: Lesson 24 (and Lessons 18 and 23)

Warm-up

Check yourself

What does a PT-sUSDe (USDe) promise at maturity?

Check yourself

Ethena's staking page says stakers "should never lose USDe by staking".[^1] What does that sentence cover?

This course is for members.

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