Ethena Labs released an "Shard Campaign" activity update, and launched a new liquidity pool using sUSDe on Pendle. The fund pool aims to capture the real income of sUSDe and provide a daily 5x shards reward. With the USDe supply approaching $800 million, Ethena Labs has built the first scalable income curve with phased expiration time based on the strategy of trading futures basis on centralized exchange (CEX) on-chain. It is expected to open up a series of interest rate products based on this core primitive.