Ethena plans to activate a change in NA costs, pending approval from the risk committee and chip holders. Parameters set in 2024 require a USDE offer over 6 billion, protocol income exceeding 250 million, and USDE integration on four main centralized derivatives. The Foundation will share implementation details before ENA holder voting. The update includes USDE revenues, Susde APY, reserve funds, and distribution progress. Governance allows flexibility to adjust based on market conditions and legal advice. Binance listing USDE pairs supports adoption conditions, ensuring readiness for distribution.
https://altcoin.observer/ena-holders-eye-potential-reports-more-than-5-while-ethena-confirms-the-expenses-of-costs-together/
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