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.

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