Ethena Labs' USDe supply has surpassed $900m.
The campaign will end when the supply reaches $1bn or on 1 April.
Those reductions only effect:
▫️Curve LP positions reduction of shard multiplier from 20x to 15x.
▫️Reduced shard multiplier for holding USDe outside of an eligible pool from 5x to 2x.
▫️No other pools are impacted.
These reductions equate to an approximate 1bn per day decrease in shards issued, or ~12% less shards per day.