Tracked funded proposal · Not authored by Organics
Active — capital deployed
Ethena Liquidity — Proposals 186 & 187
CULT DAO funds an ENA/ETH liquidity position on Uniswap V3. It earns trading fees on Ethena-ecosystem volume, with rewards set to flow 50% to CULT stakers and 50% to the burn wallet.
Funding · Funded via two separate proposals — #186 (Jan 8, 2025) and #187 (Apr 13, 2025). Each also burned CULT, per the protocol's deflationary model.
Deployment · Capital is currently deployed across 5 active Uniswap V3 ENA/ETH liquidity positions (0.3% fee tier), in the accumulation phase.
Volume & fees generated
Coming soon
On-chain volume and fee totals for this position will be surfaced once indexed.
In June 2026, Ethena announced a partnership with Coinbase, bringing on-chain savings products to Coinbase's 100M+ users. CULT DAO has been providing liquidity in the Ethena ecosystem since January 2025.