$ENA Risk Radar Weekly Update: (as of April 29) 👇
Key Indicators and Current Status:
▶️ Peg Threshold: Generally Stable (-0.25%) 💪
▶️ Price Deviation: Green Zone (0.997-0.999) 🟢
▶️ USDe Supply: $2.35 Billion 📉
▶️ Backing Asset: $2.35 Billion 💯
▶️ Reserve Fund: $35.8 Million 👍
Note: USDe/DAI experience slight price movements this week. A -0.25% deviation (lowest) falls within the range of acceptable deviations for most stablecoins, and this could be due to temporary market fluctuations. 😉💻
Understanding the Data: => Read in repost below
Stay informed!! DYOR #ENA #BinanceLaunchpool #BullorBear