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Ethena: USDDe supply is $2.673 billion, and the reserve fund is $42.3 million

Ethena: USDDe supply is $2.673 billion, and the reserve fund is $42.3 million

CointimeCointime2024/05/27 15:01
By:Cointime

Ethena Labs announced in a post that in order to continue improving the transparency of the Ethena protocol, the custody proof for May has been released today. As of 10:00 am UTC on May 24th:- USDe supply is 2.673 billion US dollars;- Custodian-supported assets: 2.677 billion US dollars;- Reserve fund: 42.3 million US dollars;Total (including reserve funds) as a percentage of USDe: 101.74%; In addition, Immunefi also has an Ethena bug bounty program. Discovering critical vulnerabilities in the Ethena smart contract can earn a direct reward of 10% of the affected funds, up to a maximum of 3 million US dollars.

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