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TechFlow reported on February 25, according to CoinDesk, that Ethena Labs has integrated Chaos Labs' Edge Proof oracle technology to strengthen the risk management framework for its synthetic dollar token USDe. This oracle will independently verify the total dollar value of USDe's reserves, confirm reserve coverage against USDe supply, and ensure reserves comply with governance requirements and maintain delta neutrality.
According to CoinDesk, Ethena Labs has integrated Chaos Labs' Edge Proof oracle technology to strengthen the risk management framework of its synthetic dollar token USDe. The oracle will independently verify the total dollar value of USDe reserves, confirm reserve coverage against USDe supply, and ensure reserves comply with governance requirements and maintain delta neutrality.
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