📢 Important news from the world of crypto and blockchain! 🌐

🔹 The Ethena community is preparing to vote on a proposal to integrate the Ethereal decentralized exchange into the Ethena reserve management system. This move is aimed at expanding the "utility and demand" of the USDe synthetic stablecoin.

🔹 Ethereal V1, expected to hit testnet in Q4, promises centralized exchange-level performance with "full self-custody." The exchange architecture is capable of processing 1 million transactions per second with sub-20ms latency.

🔹 If approved, ENA token holders will receive 15% of future Ethereal governance tokens. Future synergies are also planned, including decentralized lending and borrowing applications on top of USDe.

🔹 Ethena recently announced UStb, a BlackRock-backed stablecoin to protect against systemic risks.

💬 Share your thoughts in the comments! What do you think about the future of Ethena and Ethereal?