The Ethena community has proposed "Adding SOL as a collateral asset for USDe"
The Ethena community has proposed to add SOL as a collateral asset for USDe, with a mechanism similar to the hedging mechanism currently used by Ethena for BTC and ETH perpetual futures. Considering that SOL's history of perpetual futures trading is short and liquidity is poor, the proposed allocation will gradually decrease after consultation with the Risk Committee.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitwise Just Took $1.8 Billion in a Bear Market, Tom Lee Noticed
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
2-Yr Benchmark Govt Yields - Germany vs Other Nations
10-Yr Benchmark Govt Yields - Germany vs Other Nations
Crypto prices
More
