Pleased to announce the proposal to integrate sUSDe into @aave has passed successfully 👻👻👻
sUSDe will be added as a collateral in both the main Ethereum and Lido instance, enabling billions of dollars of stablecoins to be borrowed against sUSDe
We are aware of questions circulating in Discord and X as to whether investors or the Ethena team are earning Ethereal rewards via sENA using locked tokens.
We would like to categorically confirm to our community that absolutely no locked team or investor tokens are staked as sENA earning any rewards, including Ethereal.
This was confirmed in Discord publicly last week per the screenshot below.
Any ENA that was sent out of the wallets in question are unlocked following the exact vesting schedule outlined in the original token distribution blog post.
The wallets in question contain unlocked foundation tokens that would fit under the eligible criteria. Nevertheless, the foundation has confirmed to us that these tokens will *NOT* be recipients of any airdrop or related rewards from Ethereal.
A section will be added to the UI this week to clarify the total sENA eligible for future airdrops, which also excludes the undistributed sENA sitting in Liquifi contracts, to make this more clear to users.
A proposal has been posted to Ethena Governance on an integration of Ethena's liquidity and hedging engine into @HyperliquidX, alongside the addition of $USDe within the L1 upon launch of EVM mainnet
Join in the discussion via the link the following tweet:
A new proposal was made on Ethena governance a few hours ago
Ethereal Exchange is requesting the community approval to launch a new spot and perpetual exchange built on USDe and integrated into the Ethena hedging engine and liquidity
Their proposal includes a 15% commitment of any potential Ethereal token to circulating $ENA holders
As of today, sENA is live as the liquid receipt token for locked ENA, allowing users to maintain liquidity with their staked ENA position
sENA should present minimal operational difference from a user’s perspective; however, the liquidity and transferability will allow users to utilize the asset in a variety of DeFi applications.
We are excited to share that Ethena has partnered with @eigenlayer and @ether_fi to introduce $USDe as the first dollar denominated token that can be used as security within its generalized shared security platform