According to TechFlow, on October 10, Ethena Labs announced that it has determined the allocation plan for the reserve fund RWA. After evaluation by the risk committee, four outstanding assets were selected from 25 proposals: BUIDL (Blackrock/Securitize), USDS (Sky), USTB (Superstate), and USDM (Mountain).
The Risk Committee is comprised of five industry-leading risk and consulting firms, including Gauntlet, Block Analitica, Steakhouse, Llama Risk, and Blockworks Advisory. Allocations from the Reserve Fund are expected to occur in the coming days, during which time there may be temporary changes to the Reserve Fund balance.
The Risk Committee will continue to monitor these allocations and provide regular risk updates to the community. This RWA allocation is intended to optimize the asset allocation of the Ethena Reserve Fund and improve the efficiency and security of fund utilization. A detailed review of the decision can be viewed on the Ethena Foundation's official governance forum.