PANews reported on March 25 that IntoTheBlock added Prisma to its DeFi risk radar. Prisma is a DeFi protocol that introduces an innovative decentralized lending method that allows users to generate mkUSD, a stablecoin collateralized by liquid staking tokens. The integration provides advanced risk analysis of the Prisma protocol. The DeFi Risk Radar includes 11 risk indicators for Prisma, such as mkUSD collateral ratio, mkUSD anchor monitoring, etc., and supports filtering data by specific assets, such as rETH and cbETH.

PANews reported on February 20 that more than $287 million of USDe had been minted within 24 hours of the launch of Decentralized Finance platform Ethena. The platform offers its USDe Token holders an APR yield of 27%, although the 27% reward is calculated on a 7-day rolling basis and may change each week based on underlying factors. It is reported that users can deposit Stable Coin such as Tether (USDT), frax (FRAX), dai (DAI), Curve USD (crvUSD) and mkUSD to receive Ethena's USDe, which can then be staked. It takes 7 days to release the pledge. Staked USDe Tokens can be offered to other Decentralized Finance platforms for additional yield. Ethena calls USDe a synthetic dollar that largely mimics a Algorithmic Stablecoin in which these Token are pegged to $1 and are minted as ETH is deposited into the platform. Its production comes from two sources:1. Stake ETH to validators and receive 5% capital gains. 2. Short Ether currency futures to obtain financing Intrerest Rate, which is estimated to be more than 20% Intrerest Rate according to historical models. Previously, Ethena Labs launched a public Mainnet and incentive activities, and its Stable Coin USDe has been officially launched.