Ethena Labs posted that in order to continue to improve the transparency of the Ethena protocol, it today released the proof of escrow for May. As of 10:00 am UTC on May 24:
- USDe supplies 2.673 billion dollars;
- Custodian-backed assets: US $2.677 billion;
- Reserve Fund: 42.30 million United States dollars;
Total (including reserve funds) as a percentage of USDe: 101.74%;
In addition, Immunefi also has an Ethena Vulnerability Bounty Program, where critical vulnerabilities in Ethena smart contracts are discovered and rewarded with 10% of directly affected funds up to $3 million.
Ethena: USDe supply $2.673 billion, reserve fund $42.30 million
2024-05-27 14:58:15
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