Ethena Labs releases Shard Campaign update: an average daily reduction of approximately 12% of shards
Ethena Labs released an update regarding the Shard Campaign: Starting from March 11th, the Shard reduction will take effect and bring about the following changes: -The CurveLP position Shard multiplier will decrease from 20x to 15x; -The Shard multiplier for holding USDe outside of qualifying pools will decrease from 5x to 2x; -Other pools are not affected. This is equivalent to a daily reduction of approximately 1 billion Shards, or about 12% of Shards per day.
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