TechFlow reports, according to official announcements, Ethereal, a spot and perpetual contract trading platform built on USDe, stated on social media that it will launch on the Ethena Network testnet in Q4 2024. Ethereal aims to maximize the potential of USDe by utilizing it as the primary settlement asset, yield-generating collateral, and more. It will allocate 15% of its future governance tokens to ENA (sENA) stakers.
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