Senior Web3 Engineer

Company Description:

Ethena Labs is developing the first synthetic dollar on the Ethereum blockchain to generate yield. The team consists of industry experts from both traditional finance and crypto engineering backgrounds, with experience at well-known firms such as Cerberus, Wintermute, Flow Traders, Deribit, Paradigm, Aave, Blockdaemon, and Kaiko. Ethena Labs is backed by prominent exchanges and trading entities in the crypto space.

Job Details:

We are designing derivative infrastructure that will enable Ethereum to become the Internet Bond through delta-neutral derivatives positions. Our goal is to create the first crypto-native, yield-bearing synthetic dollar called sUSDe. We strongly believe that developing a synthetic dollar that is not reliant on existing banking systems is the most important problem to solve and presents the biggest opportunity in the crypto industry today.

In addition to USDe, we are building a broader ecosystem of products including fixed and floating rate internet bonds and composable repo leveraged markets.

If you are interested in working on this disruptive product and joining a founding core team, we encourage you to apply. We are particularly interested in candidates based in EST, GMT, CET, or EEST time zones.

Team Details:

Our team consists of 16 members, with 8 engineers. We have a diverse mix of experienced individuals from both Web3 and traditional finance backgrounds, including Wintermute, Blockdaemon, Capital One, Flowtraders, Bebop, SIX, and Aave. Although our team is geographically distributed, we connect daily and everyone has their own set of responsibilities. We prioritize engineer onboarding and provide full support to help you quickly get up to speed. Collaboration, efficiency, and our shared mission to bring disruptive products like USDe, the Internet Bond, and supporting elements to the market are fundamental to our team culture.

Candidate Requirements:

We are seeking an Engineer with a passion for building products and applications in the decentralized finance (Defi) space. The ideal candidate will be excited about joining a founding team and be instrumental in taking a product from inception to completion. Additionally, applicants should have at least 2 years of experience in developing front-ends for decentralized applications, with the ability to showcase prior work. Curiosity and a strong interest in the intersection between cutting-edge technology and financial concepts are highly valued.

Responsibilities:

As part of our team, you will work on our React Web3 application, enabling users to mint and stake USDe. You will also be involved in developing our off-chain backend infrastructure using Python, which includes listening for events and managing custody positions and order routing. You will collaborate with custody and exchange providers to ensure ongoing solvency and equity positions of internal accounts. We encourage creativity in pushing the boundaries of Defi design. Additionally, you will work closely with cross-functional partners, mentor team members, and refine technical and architectural skills.

Requirements:

The ideal candidate should have:

• Strong knowledge of full-stack modern Javascript, specifically React and Typescript
• Strong Python skills
• Demonstrated experience and expertise in working with GraphQL
• Familiarity with NextJS and TailwindCSS frameworks
• A keen design sense, attention to detail, and the ability to implement frontend designs accurately
• Expertise in Web3 libraries and tools, such as Viem, Wagmi, and The Graph
• Understanding of concepts like caching, edge functions, and RPC providers that are crucial for efficient frontend development in Web3
• Fluent written and spoken English skills

Engineering Stack:

Frontend: React, NextJS, Wagmi, Viem, TailwindCSS

Backend: Python, AWS, GraphQL, Vercel

Salary Range: $125,000 - $175,000 per year

If you are passionate about separating the dollar from the state, we invite you to apply. We appreciate your application and will be in touch after reviewing it.