Published Social post

Ethena Network (@EthenaNetwork): A governance proposal to introduce Solana $SOL as a backing asset is currently being voted on by the risk committee.

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

A governance proposal to introduce Solana $SOL as a backing asset is currently being voted on by the risk committee. This would unlock ~$2-3B of notional position size to scale $USDe even further with potentially more favorable funding rates https://gov.ethenafoundation.com/t/proposal-onboard-sol-as-a-usde-backing-asset/232

Back to news archive