Ethena issued a certificate of reserve in response to market doubts: USDe still has approximately US$66 million in overcollateralization
On October 11, Ethena Labs officially released a reserve certificate in response to market doubts, stating that USDe reserve certificates are usually provided weekly by third-party independent certification agencies, including Chaos Labs, Chainlink, Llama Risk and Harris & Trotter. At the request of the community, Ethena provided a reserve certificate of unusual pace based on market events in the past 24 hours, which can be found on the official link. These independent third parties have confirmed that USDe still has approximately US$66 million in overcollateralization, and Ethena Labs provides the greatest degree of transparency. This morning, Guy Young, founder of Etha Labs, said in response to online rumors that "Etha is urgently raising funds to avoid a repeat of the LUNA incident" that this is completely untrue.
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