Ethena Labs Adjusts Requirements for YT Holders in Response to Community Feedback
Publication Time:2024-09-05 00:06:08
In response to community feedback, the cryptocurrency project Ethena Labs recently announced significant adjustments to requirements for YT holders through their Discord channel. After collecting and listening to input from community members, Ethena Labs decided to remove all YT token-related requirements related to the minimum effective USDe balance. This means that if users hold YT tokens, these will no longer be factored into calculations for the minimum required USDe balance. While YT tokens can still be used to increase a user's current effective USDe balance, they themselves will not be counted as part of the minimum required balance. These changes are scheduled to go live tomorrow and will be reflected in Ethena Labs' application to provide a more flexible and user-responsive service experience. Ethena Labs apologizes for this adjustment and thanks the members who actively participated in community discussions and provided valuable insights.
Cryptocurrency
Ethena Labs
community feedback
YT holders