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What percentage of $ENA holders will participate in the Ethena community vote by October 31, 2024?
2
Resolution / Starting Odds
Less than 20% • 25%
20% to 40% • 25%
40% to 60% • 25%
More than 60% • 25%
Official participation statistics from Ethena community governance portal
Story
Ethena Community to Vote on Ethereal DEX Launch with 15% Airdrop and USDe Integration
Sep 30, 2024, 08:33 AM
The Ethena community is preparing to vote on a proposal to launch Ethereal Exchange, a new decentralized exchange (DEX) that will be built on the Ethena Network. The proposal, introduced by the user 'Fells0x', aims to integrate Ethereal into Ethena's reserve management system and hedging engine to boost the utility and demand for USDe, a synthetic stablecoin. The new exchange will offer both spot and perpetual trading and includes a 15% airdrop of the exchange token to $ENA holders. The plan also highlights the potential for USDe to bootstrap volume and total value locked (TVL) from day one, addressing a common challenge faced by new exchanges. Additionally, the integration is expected to enhance liquidity within the Ethena ecosystem.
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Similar markets
Above 70% • 33%
Between 50% and 70% • 33%
Below 50% • 33%
Less than 10% • 25%
10% - 25% • 25%
25% - 50% • 25%
More than 50% • 25%
Less than 75% • 25%
75% to 80% • 25%
80% to 85% • 25%
More than 85% • 25%
Yes • 50%
No • 50%
Top 3 • 25%
Top 5 • 25%
Top 10 • 25%
Outside Top 10 • 25%
Below 15% • 25%
15-20% • 25%
20-25% • 25%
Above 25% • 25%
Yes • 50%
No • 50%
Less than 75% • 25%
75% to 80% • 25%
80% to 85% • 25%
More than 85% • 25%
