My respect for @ethena_labs and @gdog97_ just went up
Keep up the transparency
@ChrisBarrett
USDe Proof of Reserves are typically provided on a weekly basis by 3rd party independent attestors including leading firms such as Chaos Labs, Chainlink, Llama Risk and Harris & Trotter.
On request from the community, we have provided a Proof of Reserves outside of the regular cadence following the market events in the last 24hrs which have been linked below this message.
Each of these independent 3rd parties have confirmed USDe remains overcollateralised by approximately ~$66m.
Maximum transparency.
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