The Ethena community initiated a proposal to include SOL as a collateral asset in USDe
Seraphim, the growth director of Ethena Labs, posted on X platform that the Ethena community has proposed to include SOL as a collateral asset in USDe and to build a "spot plus futures" hedging mechanism around SOL similar to BTC and ETH. The proposal states that SOL can provide higher funding rates than BTC and ETH, and including SOL as a collateral asset can further promote the integration of Ethena and Solana, as well as increase protocol revenue when market conditions improve.
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.
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