Ethena (ENA) Community Proposes Using Solana (SOL) To Back USDe Stablecoin

The community behind a synthetic dollar protocol on Ethereum (ETH) is proposing adding a top ETH rival to its reserve assets for its stablecoin. According to a new Ethena (ENA) community proposal, the community is considering adding Solana (SOL) as a reserve asset for the US-dollar pegged stablecoin USDe. “This proposal recommends an allocation of […] source: https://dailyhodl.com/2024/10/14/ethena-ena-community-proposes-using-solana-sol-to-back-usde-stablecoin/