Ethena Community Launches Proposal to Include SOL in USDe's Collateral Assets
Seraphim, head of growth at Ethena Labs, said in a post on the X platform that the Ethena community has initiated a proposal to include SOL in USDe's mortgage assets, which will build the current "spot plus futures" hedging mechanism around SOL, which is the same as BTC and ETH. The proposal states that SOL can provide higher funding rates than BTC and ETH, and the inclusion of SOL in the mortgage assets can further advance the consolidation of Ethena and Solana, and can also increase the agreement revenue when market conditions improve.