The Ethena community has initiated a proposal to add SOL as a backing asset for USDe, with a mechanism that is basically the same as the hedging mechanism currently used by Ethena for BTC and ETH perpetual futures. The proposal also includes BNSOL (Binance Liquid Staked SOL) and bbSOL (Bybit Liquid Staked SOL) as backing assets for USDe.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
