🚀 Ethena Labs proposes adding SOL to USDe's collateral mix! 🌐 USDe, a synthetic stablecoin, maintains its $1 peg through collateral, hedged trades, and risk-managed reserves. Unlike USDT or USDC, it's not backed 1:1 by fiat. If approved, SOL will join the treasury with an initial $100-200M allocation, representing 5-10% of SOL's open interest. They’re also eyeing liquid staking tokens like BNSOL and bbSOL. Ethena recently allocated $46M to tokenized real-world assets, aligning with DeFi's yield trends. What do you think about SOL joining the mix? Share your thoughts below! #Crypto #DeFi
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