Ethena Staked USDe (sUSDe) is a key element in blockchain finance, offering a synthetic dollar protocol on Ethereum that doesn’t rely on traditional banks. By staking USDe tokens, holders receive sUSDe, a reward-bearing token, benefiting from protocol-generated rewards. The protocol is designed to be censorship-resistant and scalable, maintaining stability through delta-hedging with derivatives.
You can view, swap, send and receive sUSDe tokens directly from your MEW Wallet. To receive your sUSDe tokens you can send them to your public wallet address. You can then view them in your MEW Wallet by selecting your wallet and selecting the token from the tokens list. You should see the sUSDe token information page. You can send your sUSDe tokens in your MEW Wallet by clicking the ‘Send’ button and entering the recipient’s wallet address. To swap your sUSDe tokens, you can click the ‘Swap’ button and choose which tokens you want to swap to. However, if the ‘Swap’ button is not active you will need to use a DEX to swap your tokens.