Ethena Labs is a decentralized stablecoin issuance protocol built on Ethereum.

Stacking Ethereum for consensus and execution layer rewards.

The capital and base span from delta hedging derivatives positions.

Valuation fund price: 0.02

Until March 2025, the fund and Core contributors will be paid vesting. The amount of monthly vesting is mainly in the hands of the dev.

At the same time, this is also a pretty nice tokenomics to hold in the medium term for holders who love this ponziomic model.

Buying zone at current price 0.85-0.96

Stop loss: 0.8

$ETH $ENA