Ethena Labs launches USDe Reserve Certificate, which will be updated weekly
Ethena Labs launches USDe Reserve Certificate. This proof is related to Harris& Trotter, Chaos Labs, LlamaRisk, and Chainlink collaborated to create and launch. This reserve certificate will be updated once a week, mainly to verify the asset reserve value of USDe, whether the reserve assets are greater than or equal to the USDe supply, whether the reserve assets are only composed of governance approved digital assets, and whether the reserve assets maintain USD neutrality and other key information. This solution provides further independent verification from external third parties to ensure that the underlying assets of USDe are not held in custody on the exchange. Reserve fund assets are not included in the USD value of USDe supported assets.