If the proposal is authorised by Ethena’s Threat Committee – which is unbiased of Ethena Labs – SOL will probably be steadily built-in as a collateral asset for USDe, with an preliminary allocation goal of $100-200 million in SOL positions. This preliminary allocation would symbolize roughly 5-10% of SOL’s open curiosity, much like its 3% stake in BTC’s world open curiosity and 9% in ETH.
