Ethena introduces Earn+ for yields up to 12% APY

Ethena introduced Earn+, a new product that allows users to earn up to 12% annual yield in US dollars on funds held in the Ethena Pay app.

The main advantage of Earn+ is the ability to generate passive income directly on your dollar balance without the need to manually interact with DeFi protocols. The product is designed specifically for users who want to benefit from holding digital dollars.

Key features of the product:

• Advertised yield reaches 12% per annum
• Income is credited directly to the dollar balance in Ethena Pay
• The tool is aimed at generating passive income from stablecoins