We're pleased to announce that, having taken onboard user feedback, every onboarded Ethena mint user is now able to mint & redeem USDe with USDC for free.
Instant liquidity into and out of USDe at 0bps cost for whitelisted users is expected to result in less value leakage on secondary markets and increased ease of access for users.
Updated mint and redeem fees are detailed below and will be available on our public dashboards: