Willemstad, Curaçao, Netherlands, June 27th, 2024, Chainwire
Cloudbet, a premier cryptocurrency casino and sportsbook, has announced the integration of Ethena USDe (sUSDe) and ENA tokens. This integration allows bettors to earn returns on their funds even when they are not actively wagering, adding a new level of financial flexibility and efficiency for Cloudbet users.
Traditionally, deposited funds in gambling accounts remain idle until used for placing bets. However, with Cloudbet’s integration of sUSDe, the staked version of the algorithmic stablecoin USDe, this paradigm has shifted. This move sets a new standard for user-centric innovation in the betting industry.
Cloudbet’s decision to incorporate Ethena’s USDe, sUSDe, and ENA tokens follows an extensive evaluation of the current cryptocurrency landscape and consultations with the broader crypto community. Engaging with leading voices in digital currency, it became clear that providing this opportunity was essential.
The inclusion of Ethena tokens and ENA, the governance token for the Ethena protocol, which launched at $0.55 in April 2024, highlights Cloudbet’s proactive approach to staying at the forefront of crypto developments. As of June 27, 2024, the sUSDe yield stands at 10.1%.
Further solidifying its commitment to crypto-friendly online gaming, Cloudbet has also expanded its support to multiple blockchain networks, including TON and Base.
About Cloudbet
Cloudbet is a pioneering force in crypto betting. Since its inception in 2013 as the world’s first crypto-friendly sportsbook and casino, Cloudbet has catered to hundreds of thousands of users, handling millions of bets. It has established a reputation as the most trusted, secure, and VIP-friendly brand in crypto gaming. Cloudbet users can bet with over 30 cryptocurrencies, including Bitcoin, Ethereum, stablecoins like USDC and USDT, SOL, and other popular altcoins. The platform is available in 18 languages, including Spanish, German, Italian, French, and Japanese.
For media inquiries, odds, and insights, users can contact [email protected].
Contact:
Irene Halcyon
Super Holdings B.V.
[email protected]