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Ethena Labs — //Enabling the Internet Bond_ — Page 5

Custodian Attestations of Assets Backing USDe: August

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our fifth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions. Attestation reports will be released on a monthly basis to provide regular updates as to the amount and location of the assets backing the protocol. The ...

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Custodian Attestations of Assets Backing USDe: July

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our fourth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions. Attestation reports will be released on a monthly basis to provide regular updates as to the amount and location of the assets backing the protocol. The...

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Custodian Attestations of Assets Backing USDe: June

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our third attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions. Attestation reports will be released on a monthly basis to provide regular updates as to the amount and location of the assets backing the protocol. The ...

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Update to $ENA Tokenomics

Generalized Restaking within the Ethena Ecosystem and Upcoming Ethena ChainToday marks an important step forward in more closely aligning the growth and use of USDe with $ENA. Ethena will begin to gradually introduce more functional utility for $ENA within the Ethena ecosystem, starting with the launch of a generalized staking capability for $ENA.Summary:i) Current use cases for $ENA within the Ethena ecosystem ii) Introduction of generalized restaking for $ENA and $USDe iii) Potential reward...

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Custodian Attestations of Assets Backing USDe: May

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our second attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions. Attestation reports will be released on a monthly basis to provide regular updates as to the amount and location of the assets backing the protocol. The...

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Season 2 Updates

On April 2nd, 5% of ENA’s total supply was allocated to the community after a 6 week campaign. As outlined in the original post upon launch of the Sats Campaign, the second season will reach its conclusion on the earlier of September 2nd, or when USDe supply hits $5bn. In the interest of transparency, and following community feedback requesting additional guidance, this blog post is intended to clarify that: i) a minimum of 15% of ENA’s supply, or 2.25bn ENA, has been allocated to overall Eth...

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USDe on Bybit

We are excited to share one of the most important developments for USDe adoption to date. As of this week, USDe will be integrated throughout Bybit, beyond the current USDe/USDT spot pair. Those new integrations include:USDe as a collateral asset to trade perpetual futures, allowing Bybit users to potentially earn a yield paid by Bybit on their USD-pegged collateral while trading any of your favorite tokens including BTC, ETH, SOL and ENA.BTC and ETH - USDe zero-fee spot pairsUSDe launch with...

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Adjustable ENA Reward Boost

We are excited to share the next set of updates to the Sats Campaign.ENA 20-100% BoostBased on community feedback the $ENA liquidity lock has been simplified to further align incentives for longer term participants Users can now lock $ENA to receive a scaled sats boost up to 100% based on the amount of $ENA locked relative to USDe positions For example, if you hold $10,000 of USDe in any position in the ecosystem -$2,000 of ENA will provide a 20% boost -$5,000 of ENA will provide a 50% boost ...

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Custodian Attestations of Assets Backing USDe

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our first attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions. Going forward, these attestation reports will be released on a monthly basis to provide regular updates as to the amount and location of the assets backi...

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Sats Campaign Update: $ENA

Introducing $ENA RewardsAs of April 8th users will be able to lock $ENA in Ethena for a minimum 7-day lock period. Locked $ENA will receive the highest number of Sats earned at 30x per day. More importantly, if a user holds a minimum of 50% in $ENA relative to their balance of USDe earning rewards across any platform, all of their rewards on their total $USDe position will be boosted by 50%. For example, if a user has a $10,000 USDe balance split in the following way:$2,000 in 7 day locked US...

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//Enabling the Internet Bond_