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Summary

The main points of the discussion on whether Ethena will crash in 2024 revolve around various sentiments on the market movements, with some members expressing skepticism on price stability and others being hopeful for significant changes. There are references to past unstable moments, such as the USDC crash of 2023, and strong opinions supporting USDe as a premium asset. Some predict an impending depegging of stETH, while others are critical of the platform decision-making and reward structures.

  • Members remain divided on market stability, with some expecting major downturns and others advocating for changes to asset support to prevent crashes.
  • Historical crashes like that of USDC in 2023 and current market predictions for stETH depegging inform the cautious and sometimes volatile sentiments in the discussion.
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