@ethena@Anchorage The proposal to finalize the ETHENA launch date is now open for voting.
Participants who vote during the first 48 hours will be eligible for rewards.
See the details:https://t.co/bMeMQ15J7t
Ethena's cross-chain security infrastructure has been hardened across the full stack and we will continue to do so on an ongoing basis.
The security and risk contributors to Ethena remain comfortable operating on LayerZero infrastructure with hardened DVN configurations, reduced mesh complexity, and custom rate limits.
There are no plans to move off LayerZero infrastructure.
Ethena’s cross-chain footprint has grown to span dozens of networks.
Maintaining that footprint at scale means focusing security and operational resources on the routes where USDe activity is most meaningful, and sunsetting paths which are not.
As part of this periodic review, USDe & sUSDe bridging will be deprecated on the following chains:
Initia, Kava, Manta, Metis, Mode, Scroll, X Layer, zkSync, Swell and Morph.
New inflows have been disabled. Users holding tokens on any of these chains should bridge back to Ethereum or another supported chain before June 20.
The simplified mesh network is provided in the image below.
Less is more.
Following the planned diversification of USDe's backing, the transparency page has been updated to show a more detailed breakdown of reserves.
Assets will continue to be added as new allocations are proposed and approved by the risk committee.
https://t.co/2X1RSNK2Sw
A dedicated Ethena market is now live on @Kamino, with an accompanying vault in partnership with @SentoraHQ.
Together with integration with other top Solana apps, USDe denominated activity is now coming to @Solana DeFi at scale for the first time.
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Thanks to colleagues and clients that joined us @flightclubdarts last night, we all had a great time! Check out our photo from Flight Club: https://t.co/96vAWJI9PQ