![DeFi Protocol Ethena (USDE) Plans to Airdrop Governance Token Next Krisztian Sandor](https://btcusa.com/wp-content/uploads/2024/03/DeFi-Protocol-Ethena-USDE-Plans-to-Airdrop-Governance-Token-Next-678x381.jpeg)
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The USDe token, which is referred to as a “synthetic dollar,” offers yields to investors by pairing ether liquid staking tokens with short ether (ETH) perpetual futures position in the derivatives market to maintain a “rough target” of $1 price.
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