ENA will be listed on major exchanges tomorrow. Do you know what ENA is?
To put it simply, ENA is a synthetic U.S. dollar agreement. It has a particularly cool product called USDe. This USDe is a stable currency that can automatically generate interest. The supply of USDe now reaches 1.5 billion US dollars, making it the fifth largest stablecoin. It’s really amazing! Moreover, its investment institutions are also super luxurious, with big names like Binance and okx participating, and it has raised more than 20 million US dollars in two rounds of financing!
So what can this ENA do? Its greatest use is management. In other words, people who hold ENA tokens can vote on protocol governance decisions, a bit like shareholders voting for the chairman.
Therefore, ENA is a big-shot presence in the stablecoin circuit. After being listed on Binance, the price will probably be between 0.3-0.5. If you think the price is right, you can buy it in batches. I estimate that when all the airdrop chips are gone, ENA will perform well. You may wish to pay attention!
