Ethena Labs Proposes SOL for USDe’s Collateral

If the proposal is authorized by Ethena’s Danger Committee – which is unbiased of Ethena Labs – SOL might be regularly built-in as a collateral asset for USDe, with an preliminary allocation goal of $100-200 million in SOL positions. This preliminary allocation would signify roughly 5-10% of SOL’s open curiosity, just like its 3% stake in BTC’s world open curiosity and 9% in ETH.