$ENA
The Ethena community has launched a proposal vote to include SOL (Solana's native token) in the supported asset class of USDe. According to the proposal, a "spot plus futures" hedging mechanism similar to BTC (Bitcoin) and ETH (Ethereum) will be built around SOL. The proposal points out that SOL is able to provide higher funding rates than BTC and ETH, and the inclusion of SOL as a collateral asset can further promote the integration of Ethena and Solana and increase protocol revenue when market conditions improve.
In addition, Solana LST bnSOL issued by Binance and Solana LST bbSOL issued by Bybit will also be considered for inclusion in the additional supported asset class of USDe. Currently, the vote on this proposal is in progress.
If passed, this proposal may have a positive impact on the Ethena community and Solana ecosystem, as it will not only increase the diversity of USDe's collateral assets, but also increase capital utilization and protocol revenue. At the same time, this may also provide users on the Solana network with more financial products and services, thereby promoting the growth and development of the entire ecosystem.
