We're looking forward to more engagement with the community in the coming weeks as we share more about Ethereal. If you're interested in what's going on in Etherealand, please come build with us!
discord.gg/etherealdex
3) The Ethena community may also stand to benefit from a share of any potential Ethereal governance token in the future, which would help to ensure alignment between Ethena and Ethereal community stakeholders
Ethereal's temp check proposing an integration into Ethena's hedging engine has been approved by ENA governance with 99.6% voting in favor! This is an exciting step forward for both communities, and it's just the beginning of the journey
gov.ethenafoundation.com/t/introducing-…
We're looking forward to engaging more with the community in the coming weeks and sharing more details about Ethereal V1 as it approaches its initial testnet release in the next 2-3 months
On top of the EVM's broad network effects, contract (batching, etc) and client (notably reth) optimizations paired with gasless order creates/cancels can bring UX, latency, and throughput near parity with existing centralized products well beyond any other existing EVM DEX
Earlier this week, Ethereal emerged from stealth with a governance post requesting an integration into Ethena’s hedging system for USDe. Short 🧵 introducing myself and Ethereal to the community
gov.ethenafoundation.com/t/introducing-…