一系列恐慌过后,可以关注下Ethena的透明度披露。USDe的量最近1个月出现巨大下滑,很多人的担心是1011中会不会有受损。
在披露数据真实的情况下,底层资产是充足的,目前Ethena持有的资产有接近60%是未分配的,大部分以稳定币形式存在,一部分买入了自己的USDtb(底层是贝莱德的BUIDL)。
当然市场上出现了一些有问题的项目,暴露了这类协议的风险,这是所有CeDeFi都存在的,只是之前的市场并未充分认识。半透明的机制意味着,如果你要使用这类产品,只能选择信任强大的品牌和机构,就像把钱放在头部交易所还是小交易所里的情况一样。
Every week Ethena publishes proof of reserves that are independently verified by third party attestors.
Proof of Reserves provides further independent verification, from external third parties, that the backing assets of USDe are not custodied directly on exchanges and that USDe is both overcollateralised and delta-neutral.
Link to PoR dashboard linked below:

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