We are excited to share that Ethena has partnered with EigenLayer and Ether.fi to introduce USDe as the first dollar-denominated token that can be used as security within its generalized shared security platform. To provision this utility, Ethena has chosen ether.fi as our restaking partner to grow the adoption of stable cryptoeconomic security. The integration is expected to go live next week.

September 2nd marks the end of Season 2. Since the beginning of Season 2, USDe has grown from a supply of ~1.3b to just under 3.0b, and was the fastest USD-pegged asset to reach 3.0b in crypto history.

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our fifth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our fourth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our third attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.

Today marks an important step forward in more closely aligning the growth and use of USDe with $ENA. Ethena will begin to gradually introduce more functional utility for $ENA within the Ethena ecosystem, starting with the launch of a generalized staking capability for $ENA.

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our second attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.

On April 2nd, 5% of ENA’s total supply was allocated to the community after a 6 week campaign.

We are excited to share one of the most important developments for USDe adoption to date.