Ethena Labs Integrates Chaos Labs’ Oracles to Improve USDe Risk Management

TL;DR Enhanced Transparency and Security: Ethena Labs integrates Chaos Labs’ Edge Proof of Reserves Oracles to boost the transparency and security of USDe’s reserves. Market Response: The move comes after recent USDe volatility due to Bybit’s hacked ether derivatives market, aiming to restore stability and confidence. Future Outlook: This integration sets a precedent for other ... source: https://crypto-economy.com/ethena-labs-integrates-chaos-labs-oracles-to-improve-usde-risk-management/