Ethena Labs 計劃整合 Solana (SOL) 作為抵押資產，以增強對其合成穩定幣 USDe 的支持

經風險委員會審查，該想法尋求採用與比特幣（BTC）和以太坊（ETH）永續期貨相同的對沖方法。

Synthetic stablecoin USDe, powered by Ethena Labs, is set to integrate Solana (SOL) as a new collateral asset, aiming to enhance the stability of the stablecoin.

由 Ethena Labs 提供支援的合成穩定幣 USDe 將整合 Solana (SOL) 作為新的抵押資產，旨在增強穩定幣的穩定性。

The proposal, currently under review by the Ethena Risk Committee, will see SOL used as a hedge for USDe in a manner similar to the current application of BTC and ETH perpetual futures.

該提案目前正在由 Ethena 風險委員會審查，該提案將把 SOL 用作 USDe 的對沖工具，其方式類似於當前 BTC 和 ETH 永續期貨的應用。

This integration will introduce a new layer of protection for USDe, utilizing SOL collateral to help stabilize the value of the stablecoin and provide a strong and scalable foundation for the stablecoin within the decentralized finance (DeFi) network.

此次整合將為 USDe 引入新的保護層，利用 SOL 抵押品來幫助穩定穩定幣的價值，並為去中心化金融 (DeFi) 網路中的穩定幣提供強大且可擴展的基礎。

Ethena Labs’ Initiative to Strengthen USDe with Solana Integration, Liquid Staking AssetsThe move is expected to capitalize on the significant open interest in SOL futures, which is estimated to be in the range of $2-$3 billion.

Ethena Labs 透過 Solana 整合、流動質押資產強化 USDe 的舉措預計將利用 SOL 期貨的大量未平倉合約，預計該合約價值在 2-30 億美元之間。

By integrating Solana, Ethena aims to diversify its overall collateral pool, which is currently dominated by BTC and ETH.

透過整合 Solana，Ethena 旨在實現其整體抵押品池的多元化，目前抵押品池以 BTC 和 ETH 為主。

The initial phase of this integration will involve a gradual introduction of SOL, with a target allocation of $100-$200 million, or 5-10% of Solana's open interest in the market.

此次整合的初始階段將逐步引入 SOL，目標分配額為 100-2 億美元，即 Solana 在市場上未平倉合約的 5-10%。

According to the Ethena team, this approach is preferred due to better liquidity compared to BTC and ETH futures and more favorable financing rates.

Ethena 團隊表示，這種方式之所以受到青睞，是因為與 BTC 和 ETH 期貨相比，流動性更好，融資利率也更優惠。

In addition to SOL, the proposal also includes its liquid staking variants, such as BNSOL (Binance Liquid Staked SOL) and bbSOL (Bybit Liquid Staked SOL), which are expected to comprise about one-third of the total SOL allocation.

除了 SOL 之外，該提案還包括其 Liquid Stake 變體，例如 BNSOL（Binance Liquid Staked SOL）和 bbSOL（Bybit Liquid Staked SOL），預計將佔 SOL 分配總量的約三分之一。

This aligns with Ethena's existing strategy for ETH liquid staked tokens (LSTs), which have become a crucial component of the protocol's collateral system.

這與 Ethena 現有的 ETH 流動質押代幣 (LST) 策略一致，後者已成為該協議抵押品系統的重要組成部分。

Ethena aims to leverage these assets to capitalize on Solana's burgeoning DeFi ecosystem and build a stronger and more diverse support network for USDe.

Ethena 旨在利用這些資產來利用 Solana 蓬勃發展的 DeFi 生態系統，並為 USDe 建立更強大、更多樣化的支援網絡。

The development follows Ethena's previous launch of USDe on Solana in August via the LayerZero protocol, highlighting its ongoing efforts to expand the stablecoin's cross-chain capabilities and utility.

在此之前，Ethena 於 8 月透過 LayerZero 協議在 Solana 上推出了 USDe，突顯了其為擴展穩定幣的跨鏈功能和實用性所做的持續努力。

Meanwhile, as reported by CNF, Ethereal Exchange has proposed a collaboration with Ethena to integrate USDe.

同時，根據 CNF 報導，Ethereal Exchange 已提議與 Ethena 合作整合 USDe。

The exchange aims to match the performance of centralized exchanges while prioritizing self-custody, offering a 15% token allocation to ENA holders upon approval, with a transaction capacity of 1 million per second. This potential partnership underscores Ethena's initiatives to solidify its presence in the competitive stablecoin landscape.

該交易所旨在匹配中心化交易所的性能，同時優先考慮自我託管，經批准後向 ENA 持有者提供 15% 的代幣分配，交易能力為每秒 100 萬筆。這一潛在的合作夥伴關係凸顯了 Ethena 鞏固其在穩定幣競爭格局中地位的舉措。

As we covered, Ethena has also partnered with Coinbase Prime for custody services, integrating USDC and self-custodial wallet functionalities to streamline processes. The protocol aims to enhance the overall user experience by integrating the Coinbase Prime Web3 Wallet, optimizing the efficiency of its minting and redeeming mechanisms.

正如我們所報導的，Ethena 也與 Coinbase Prime 合作提供託管服務，整合 USDC 和自我託管錢包功能以簡化流程。該協議旨在透過整合 Coinbase Prime Web3 錢包、優化其鑄造和兌換機制的效率來增強整體用戶體驗。

At the time of writing, ENA's native token is trading at $0.4211, up 9.11% over the last 24 hours, ranking it among the top five gainers in the market today.

截至撰寫本文時，ENA 原生代幣交易價格為 0.4211 美元，在過去 24 小時內上漲 9.11%，躋身今日市場漲幅前五名。