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Ethena Labs Q2 update: FDUSD Curve 10 million USD LP pool will be launched next Monday

Ethena Labs Q2 update: FDUSD Curve 10 million USD LP pool will be launched next Monday

Bitget2024/05/25 02:33

Golden Finance reported that Ethena Labs released a second quarter update stating that on April 2, 5% of the total supply of ENA was allocated to the community after 6 weeks of activities, and the second quarter will be supplied on September 2 or USDe Ends when it reaches $5 billion. 15% of the ENA supply has been allocated to the Ethena "Points" program, which can be increased up to 20%. The FDUSD Curve $10 million LP pool will go online at 20:00 on Monday, and users will be able to provide LP on FDUSD<>USDe to support liquidity for swaps through FDUSD. New ecosystem integrations will be launched next week, including FDUSD Curve, Infinex, Karak and Bouncebit. Bybit USDe integration will also be launched next week.

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