I’ve been hearing a lot about synthetic dollar protocols lately, and Ethena really caught my attention. It’s interesting how they use delta-neutral strategies to generate yield without relying on traditional banking systems. If you’re curious about the mechanics behind it, I found this breakdown quite helpful https://swapspace.co/blog/what-is-ethena It explains the concept clearly without too much jargon, which is great for someone like me who isn’t a hardcore developer.