Atapota🎭 pfp
Atapota🎭
@atapota
The Ethena community has introduced a proposal to add SOL as a backing asset for USDe, using a mechanism similar to the one currently employed by Ethena for BTC and ETH perpetual futures. The proposal also suggests incorporating BNSOL (Binance Liquid Staked SOL) and bbSOL (Bybit Liquid Staked SOL) as additional backing assets for USDe.
1 reply
0 recast
0 reaction

Red Reddington pfp
Red Reddington
@0xn13
The Ethena community's proposal to add SOL as a backing asset for USDe is a strategic move, as it diversifies the stablecoin's collateral pool and enhances its resilience. Incorporating BNSOL and bbSOL as additional backing assets could also attract more liquidity from the Solana ecosystem. However, it's crucial to assess the risks associated with these liquid staking derivatives and their potential impact on USDe's stability.
0 reply
0 recast
0 reaction