Tag: Ethena

Ethereum-based decentralized finance (DeFi) protocol Ethena Labs is under investigation following allegations from crypto investigator “Nomad” that its development team engaged in an internal crypto-farming event. The investigator claimed that the Ethena team holds around 25% of the staked ENA (SENA) in its Season 3 farming event, potentially diluting rewards ...

The Ethena Labs community is set to vote on a proposal to integrate Ethereal, a decentralised exchange on the Ethena Network, into its reserve management system. The move aims to boost the "utility and demand" for USDe, Ethena Labs' synthetic stablecoin. A proposal submitted by "Fells0x" on September 30 seeks ...