Ethena Labs: decision to listen to the community to correct requirements related to YT holders
In a post on the Discord channel, Ethena Labs has decided to remove all requirements related to YT tokens in relation to meeting the minimum valid USDe balance after listening to community feedback from YT holders. If a user holds or held YT tokens, they will not be taken into account when calculating the minimum USDe balance.YT tokens can still be used to increase a user's current active USDe balance, but YT tokens will not be counted towards the minimum required balance. These changes will be reflected in the app tomorrow. Ethena Labs apologises for the oversight and thanks community members for feeding back to the team on this matter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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