Ethena Labs is on the verge of implementing a profit-sharing model for ENA holders, driven by USDe’s significant growth. With a supply reaching 12.43 billion USD, it becomes the third-largest USD stablecoin, indicating a shifting market.
Guy Young, the CEO, emphasizes that integrating with centralized exchanges is vital for fee switch activation, which could elevate ENA’s attractiveness in the DeFi sector, subsequently influencing crypto investment strategies.
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