Market-listing governance threshold
Ethena's assessment for RD-F-072 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Ethena does not operate a permissionless or governance-listed market system. Collateral type additions (BTC 2024, SOL 2025) are controlled by the internal Risk Committee and executed via the 5-of-11 Dev Multisig — not an on-chain governance proposal process equivalent to Compound/Aave market listing. Factor is lending-specific per taxonomy PD-024.
Sources #
- DocsGovernance | Ethena — 'fully on-chain governance is not a practical or viable option at present'https://docs.ethena.fi/solution-overview/governanceretrieved 2026-04-28
Methodology #
Classify the governance threshold required to list a new market as: permissionless / low-threshold (team multisig) / high-threshold (DAO vote) / no new listings.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol ethena factor RD-F-072 score not_applicable collected_at 2026-04-28 13:58:51