X @Messari
Messari·2025-09-09 17:01

RT Kaleb (@Kaleb0x)Ethena's USDH proposal is live- 95% of revenue goes back to HL via buybacks or contributions- Fully backed by USDtb (BlackRock’s BUIDL)- Covers USDC migration costs- Put security under a guardian network of HL validators instead of a single issuer- Commit to supporting the HL eco w/ new products (hUSDe, HIP-3 markets, equity perps)Polymarket reacting in real time: its HYENA season ...