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We are aware of questions circulating in Discord and X as to whether investors or the Ethena team are earning Ethereal rewards via sENA using locked tokens. We would like to categorically confirm to our community that absolutely no locked team or investor tokens are staked as sENA earning any rewards, including Ethereal. This was confirmed in Discord publicly last week per the screenshot below. Any ENA that was sent out of the wallets in question are unlocked following the exact vesting schedule outlined in the original token distribution blog post. The wallets in question contain unlocked foundation tokens that would fit under the eligible criteria. Nevertheless, the foundation has confirmed to us that these tokens will *NOT* be recipients of any airdrop or related rewards from Ethereal. A section will be added to the UI this week to clarify the total sENA eligible for future airdrops, which also excludes the undistributed sENA sitting in Liquifi contracts, to make this more clear to users.

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Clear eyes, full hearts, can’t lose

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A proposal has been posted to Ethena Governance on an integration of Ethena's liquidity and hedging engine into @HyperliquidX, alongside the addition of $USDe within the L1 upon launch of EVM mainnet Join in the discussion via the link the following tweet:

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We are pleased to announce the winners of the Reserve Fund RWA Allocation After 25 submissions, the Risk Committee decided on 4 assets that stood out across a wide range of criteria: • BUIDL (Blackrock/Securitize) • USDS (Sky) • USTB (Superstate) • USDM (Mountain) https://x.com/ethena_labs/status/1844344787538936168/photo/1

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The temp check vote in favour of Ethereal's potential integration with Ethena has passed, and the Ethena Network roadmap begins sENA and rsENA holders begin earning rewards for @etherealdex now More details below ⬇️ https://x.com/ethena_labs/status/1841848930822422979/video/1

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