THE BLOCK: Ethena Pay has launched Earn+, a third-party product targeting up to 12% APY through a leveraged ethereum:0x4c9edd5852cd905f086c759e8383e09bff1e68b3 strategy on Aave v4 on Avalanche. Funds are moved into an external vault managed by Upshift and Steakhouse. Ethena Pay said it provides only the interface and that users could lose some or all of the funds deposited. The vault initially has a total capacity of $4.5 million. ethereum:0x57e114b691db790c35207b2e685d4a43181e6061