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New Project with High Potential!🔥
ENA (Ethena) is a decentralized finance protocol created on the Ethereum blockchain. Its synthetic dollar, USDe, provides investors with stable returns by using assets such as Lido's stETH-style liquid staking tokens as collateral.
ENA ALL DETAILS 👈👈✅️
Additionally, these tokens aim to maintain a permanent price peg of $1 by balancing against perpetual short Ether positions on derivative exchanges. Ethena will conduct an airdrop of up to 750 million ENA tokens to users who hold USDe and lock their tokens into the system. The process will end on April 1st, with users able to claim ENA tokens starting from April 2nd.
" Price Estimate "
Pre Market price of $ENA is currently going for around 0.65 $ per $ENA on WhalesMarket
Total Supply of $ENA is 15 bill which gives a total FDV of $9.75 Bill
I think the project will be fixed at $1. We will see this on April 2..
Project details:
- Maximum Supply: 15,000,000,000 ENA
- Launchpool Rewards: 300,000,000 ENA (2% of Max Supply)
- Initial Circulating Supply: 1,425,000,000 ENA (9.5% of Max Supply)
- Total of 333,333.33 ENA airdropped from the BNB pool
- Total of 83,333.33 ENA airdropped from the FDUSD pool
- Farming Period: From 30th March 2024 03:00 to 2nd April 2024 02:59.
HOW TO PARTICIPATE IN LAUNCHPOOL?
Since 80% of the reward pool is allocated to those staking $BNB in the farm pool, it is more advantageous to participate with $BNB. It can be considered easy money for those holding $BNB. For those seeking lower risk, staking $FD is also an option, as 20% of the reward pool is allocated to them
