Ever feel like you're shouting into the void in the wild world of crypto proposals? Well, Ethena Labs just turned that frustration into pure gold with a viral tweet that's got the entire crypto Twitter in stitches. If you're a fan of Eminem's iconic track "Stan," buckle up because this DeFi darling has remixed it into a desperate, hilarious plea for their USDH stablecoin to get some love.
The tweet, posted by Ethena Labs on September 7, 2025, kicks off with lines straight out of a crypto fan's fever dream:
dear jeff I wrote you, but you still ain't callin
i left my cell, my pager, and my home phone at the bottom
i sent two USDH proposals back in autumn, you must not've got em
there probably was a problem at the discord or somethin'
sometimes I scribble deployer addresses too sloppy when I jot em
It's a spot-on parody of Eminem's obsessive fan letter in "Stan," but swapped with blockchain lingo. Here, "Jeff" is none other than Jeff Kam, the builder behind Axie Infinity and a former Discord exec, who's apparently been dodging Ethena's integration pitches for their USDH – a proposed synthetic dollar stablecoin tied to the Ethena ecosystem. For the uninitiated, Ethena Labs is pioneering "Internet Money" through USDe, a dollar-pegged asset backed by hedged positions in crypto derivatives, offering yields without the traditional banking baggage. USDH seems like the next evolution, perhaps tailored for specific chains or use cases like Hyperliquid.
This isn't just random rapping – it's a clever nod to the grind of pitching in DeFi. Ethena followed up with a cheeky image warning users about scams, a staple in crypto to keep the community safe from phishing attacks in the replies.
The response? Crypto Twitter lost it. Jeff himself chimed in, saying, "my name is jeff, and i have notifs turned on for your account. Imagine my confusion when i got this notif 🤣" – turning it into a full-on collab moment. Other replies ranged from "give the intern a raise" to shouts of "Hyperliquid" and even Binance.US calling it "a true work of art." With over 900 likes and 68K views in hours, it's the kind of meme that reminds us why blockchain isn't all whitepapers and roadmaps – it's got heart, humor, and a beat.
For meme token hunters and DeFi degens at Meme Insider, this highlights how projects like Ethena are blending culture with code. In a space where stablecoins are king (think Tether or USDC), Ethena's synthetic approach is disruptive, and memes like this build hype organically. Could this rap lead to real USDH adoption on platforms like Axie or Discord-integrated games? Only time – and maybe a callback from Jeff – will tell.
If you're diving into Ethena, check out their docs for the lowdown on USDe yields and how it's shaking up stablecoin game. What's your take – is this the best crypto meme of the week? Drop your thoughts below, and stay tuned for more viral vibes in the blockchain world.