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Ethena: Multiple Independent Third-Party Institutions Confirm USDe Still Has Approximately $66 Million in Excess Collateral

Summary: Ethena Labs announced on social media that the USDe reserve proof is typically provided weekly by independent third-party verification institutions, including Chaos Labs, Chainlink, Llama Risk, and Harris & Trotter. In response to community requests, they have provided an unconventional reserve proof based on market events in the past 24 hours, with a link provided ...

Ethena Labs announced on social media that the USDe reserve proof is typically provided weekly by independent third-party verification institutions, including Chaos Labs, Chainlink, Llama Risk, and Harris & Trotter. In response to community requests, they have provided an unconventional reserve proof based on market events in the past 24 hours, with a link provided below. These independent third parties have all confirmed that USDe still has approximately $66 million in excess collateral.

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Link: Ethena: Multiple Independent Third-Party Institutions Confirm USDe Still Has Approximately $66 Million in Excess Collateral [Copy]

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