🚀 **Ethena Community to Vote on Ethereal Integration Proposal** 🚀

The Ethena Labs community is gearing up to vote on an exciting proposal to integrate Ethereal, a decentralized exchange built on the Ethena Network, into its reserve management system. This move aims to boost the utility and demand for USDe, Ethena's synthetic stablecoin.

Key Points:

- Ethereal to manage spot and perpetual futures positions backing USDe.

- ENA token holders could receive 15% of future Ethereal governance tokens.

- Ethereal V1 to launch on testnet in Q4, promising high performance with self-custody.

- Potential synergies include decentralized lending and borrowing applications.

What do you think? Share your thoughts in the comments! 💬

Read more: Ethena Labs halts website after frontend hack