I think what’s most likely is that Ethena themselves will integrate @monad.
If that happens, we might not even need an “Ethena of Monad,” just like Solana already has Solstice.
Still, it wouldn’t be a bad thing to see a fresh Ethena-style protocol born native to Monad.
A new model, built for Monad’s speed, could spark its own wave of adoption.
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