PANews reported on October 20th that Ethena Labs founder Guy Young posted on the X platform: "Over the past two years, the number of Ethena contributors has remained roughly stable at around 20 to 25 people. Today, we are making our first significant team expansion, creating 10 new engineering and product positions for two new business lines and a product that will be launched in the next three months or so. Both of these initiatives have the potential to grow to a scale comparable to USDe."