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Ethena Pay’s 11x leverage loop promises high yield, but risks hidden losses

Borrowing costs and funded exits determine the money left for users, while the vault’s actual leverage and controls remain unverified.

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Ethena Pay’s 11x leverage loop promises high yield, but risks hidden losses
Imej: CryptoSlate

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Borrowing costs and funded exits determine the money left for users, while the vault’s actual leverage and controls remain unverified.

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