EYO $ENA fam! Big updates this week!! ๐๐๐
Cross-chain magic: ENA teamed up with LayerZero to move your USDe and other Ethena goodies across blockchains securely. Think of it like a crypto bridge guarded by staked ENA tokens! This is just the first step in some exciting ENA infrastructure plans.
Staking pools coming soon! Get the lowdown on staking and a broader #ENA tokenomics update on June 17. Mark your calendars! ๐๐ฅ
Risk Radar Update: ๐คThings are lookin' stable, fam! Here's a quick snapshot: ๐๐ป
(1) USDe/DAI Peg: Still rockin' the "Generally Stable" zone. ๐ช
(2) Price Deviation: Cruisin' in the green zone (1.000-1.002).๐ข
(3) USDe Supply: Up to a whopping $3.44 billion! ๐ฅ๐ผ
(4) Backing Assets: $3.44 billion in backing. ๐ผ ๐ช
(5) Reserve Fund: Healthy at $43.3 million and climbing! ๐ผ
We'll be switching to bi-weekly updates for the Risk Radar since things are lookin' pretty stable. Remember, DYOR and invest responsibly! ๐๐ #altcoins