> For the complete documentation index, see [llms.txt](https://docs.ethena.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ethena.fi/overview/genesis-story.md).

# Genesis Story

In March 2023 Arthur Hayes published his piece ["Dust on Crust"](https://blog.bitmex.com/dust-on-crust/) which outlined his vision for the largest opportunity in crypto - creating a synthetic dollar using crypto collateral and derivatives.\
\
The most important financial instrument on Earth to save and preserve wealth is simply a reward-bearing dollar. It sounds simple, but the demand for this product is several orders of magnitude larger than the entire crypto market combined, including Bitcoin.\
\
Ethena was built to provide this product and in doing so, force the convergence of capital and interest rates across DeFi, CeFi and TradFi via USDe.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation by asking a question.

Perform an HTTP GET request on the following URL with the `ask` and `goal` query parameters:

```
GET https://docs.ethena.fi/overview/genesis-story.md?ask=<question>&goal=<user_goal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is what the user is ultimately trying to achieve, the reason they need the answer. Sharing it helps GitBook give you a better, more relevant answer. A goal is most helpful when it describes the outcome the user wants rather than restating the question. For example, with `ask=how do I create an API token`, a goal like `automate deployments from our CI pipeline` lets GitBook tailor the answer to that use case.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.