TechFlow reports that the Ethena community has released a proposal requesting DEX Ethereal Exchange to directly integrate into Ethena's reserve management upon launch, enabling on-chain trading of spot and derivatives positions backed by USDe. The proposal also includes a 15% allocation of future Ethereal governance tokens to the Ethena community.
Notably, Ethereal V1 is an L3 EVM application-specific chain designed for the Ethena network, with its testnet expected to launch in the fourth quarter of this year.
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