Ethena Labs Determines Reserve Fund RWA Allocation, Risk Committee Monitors
On October 10th, Ethena Labs announced in a post on Platform X that it has finalized its Reserve Fund RWA allocation and that the Risk Committee has identified four assets, BUIDL (Blackrock/Securitize), USDS (Sky), USTB (Superstate), and USDM (Mountain).
The Risk Committee is comprised of five voting members from industry-leading risk and advisory firms: Gauntlet, Block Analitica, Steakhouse, Llama Risk, and Blockworks Advisory.
Allocations from the Reserve Fund are expected to take place over the next few days, with interim changes to the Reserve Fund balance, and the Risk Committee is tasked with monitoring these allocations on an ongoing basis and will provide regular risk updates to the institutional community.
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
Saudi Arabia’s oil shipments to Asia surged to nearly 100 million barrels, with Aramco proactively covering transportation and delivering directly to China, India, and Japan-South Korea: Supply shortage expectations meet the reality of correction.
According to reports, since the middle of last week, Saudi Arabia has sold approximately 100 million barrels of crude oil to China, India, Japan, and South Korea, with delivery periods covering October and November. At the same time, Saudi Aramco has made a rare commitment in these transactions to handle logistics and transportation, delivering the crude oil directly to Asian customers. Previously, due to soaring oil prices, Asian refineries had been considering reducing operating rates. This large-scale supply has to some extent mitigated the supply risks faced by Asia.
Embracer shareholders vote to cancel dividend, roll SEK 21.7 billion into retained earnings
Kraft Heinz Growth Potential Underestimated, RBC Says