Ethena Labs Q2 Update: FDUSD Curve $10 million LP pool will be launched next Monday
Ethena Labs released its second quarter update stating that on April 2nd, 5% of ENA's total supply was distributed to the community after 6 weeks of activity. The second quarter will end on September 2nd or when the USD supply reaches 5 billion.
15% of ENA supply has been allocated to Ethena's "points" program, which can increase up to 20%.
The FDUSD Curve $10 million LP pool will launch on Monday at 20:00, 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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