Binance New Coin: ENA, in-depth analysis and price prediction!
What is ENA?
Imagine a garden where you plant seeds, tend to them, and eventually reap the fruits. ENA is such a garden, and the seeds you sow are ETH.
How does ENA help you harvest?
1. Pledge ETH to obtain stable income
Staking ETH in the ETHENA Garden is like participating in the PoS consensus and contributing to the security and operation of the garden. You'll earn around 3% annualized returns as a reward for your hard work.
2. Short ETH to capture market fluctuations
There is a greater code of wealth hidden in the ENA garden: funding rates. During the bull market, shorting ETH yielded returns of over 50%! ETHENA helps you short ETH, allowing you to easily capture market fluctuations and obtain high returns.
3. Basis trading, steady profits
There is another way to make steady profits in the ETHENA garden: basis trading. By taking advantage of the price difference between spot and contract prices, you can earn stable returns.
4. Internet Bonds, a globally accessible savings tool
ENA is not only a revenue garden, but also a bridge to the future. It will provide a crypto-native solution for currencies that do not rely on traditional banking system infrastructure, while providing a globally accessible dollar-denominated savings instrument - an "internet bond".
ENA Token Price Forecast
Calculated based on the#BNBpool of previous Binance Launchpool new mines, the average annualized rate of return for the first ten periods is 123%. Assuming that the annualized rate of return of this mining is also 123%, calculated based on 3 days of mining, then The price of the ENA token is 0.45 USDT. Calculated based on ENA’s minimum yield of 0.18%, the guaranteed price is 0.18 USDT.
