A new proposal to hardcode the price of Ethena’s USDe to match Tether’s stablecoin USDT in Aave’s pricing feed has seen significant pushback from community members.
Reasons for the Proposal
The proposal, jointly authored by Chaos Labs and LlamaRisk, aims to protect Aave users from secondary market fluctuations. It suggests aligning the sUSDe Oracle to USDT’s pricing to ensure seamless integration and eliminate disruptions caused by transient price fluctuations in USDe.
Community Reaction
Aave users showed disapproval of the proposal, questioning its viability. User Hazbobo pointed out the risk involved in hardcoding USDe to USDT since USDe was not originally intended to be a stablecoin.
Ethena's 2025 Roadmap
Ethena recently announced its 2025 roadmap, detailing plans to partner with Telegram and release new dollar savings products. The aim is to integrate sUSDe on the Telegram platform, providing a neobank experience with a payments and savings app.
Despite the controversies surrounding the proposal, both Aave and Ethena continue to expand their platforms, aligning with innovative plans for the coming years.
