Ethena Labs has partnered with Chaos Labs to enhance the risk management framework for its USDe synthetic dollar token. Chaos Labs' Edge Proof of Reserves Oracles will verify the total dollar value of USDe reserves, the reserve coverage of USDe supply, and ensure reserves are governance-approved and delta-neutral. This integration adds trustworthiness, security, and transparency to USDe reserves. The Edge Proof of Reserves Oracles will continuously monitor token reserve levels and collateral, integrating off-chain data from custodians and centralized exchanges. It also provides automatic alerts for data anomalies and low reserve levels. Verified data is publicly accessible, providing transparency to stakeholders.



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