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Ethena: Derive (DRV) will be launched on January 15 next year

Ethena posted on social media that Derive (DRV) will be launched on January 15 next year, and 5% of the supply will be allocated to sENA pledgers. Previously, it was reported that Ethena announced a partnership with Derive yesterday. Derive has introduced sUSDe as collateral into the agreement and built the first on-chain structured product for sUSDe. As part of this partnership, the Ethena Foundation has provided Derive with a multi-million dollar grant.