Ethena Labs launches a reserve proof for USDe. This proof is created and launched in collaboration with Harris & Trotter, Chaos Labs, LlamaRisk, and Chainlink. The reserve proof is updated weekly, primarily verifying key information such as the asset reserve value of USDe, whether the reserve assets are greater than or equal to the USDe supply, whether the reserve assets consist solely of digital assets approved by governance, and whether the reserve assets remain dollar-neutral. This solution provides further independent verification from external third parties, ensuring that the supporting assets of USDe are not held on exchanges. The assets of the reserve fund are not included in the dollar value of the supporting assets of USDe.