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Ethena community publishes proposal to integrate Ethereal into Ethena-related reserve management after launch

2024-09-30 06:49
Odaily News The Ethena community released a proposal to "integrate Ethereal into reserve management related to Ethena after launch". The proposal includes a requirement for DEX Ethereal Exchange to be directly integrated into reserve management related to Ethena after launch, so as to provide a complete on-chain trading venue for spot and derivative position management supporting USDe. In addition, the Ethena community will also benefit from a 15% allocation of Ethereal governance tokens in the future. It is reported that Ethereal V1 is an L3 EVM application chain suitable for the Ethena network, and the test network is expected to be released in the fourth quarter.