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Ethly

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Ethly

(Inactive)

Stablecoin protocol backed by various LSTs and LRTs

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Ethly Finance is a ETH-pegged stablecoin protocol backed by various LSTs and LRTs. Users can mint pETH by overcollateralizing supported LSTs and LRTs. With pETH, yield leverage on liquid (re)staking without price fluctuation risk is possible.

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Stablecoin Protocol

Ecosystem(1):

Founded:

2024

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