🔝 Ethena (ENA) - What are the highlights of 💸Binance's 50th Launchpool💬
Is a decentralized stablecoin protocol built on the Ethereum platform. The goal is to provide a stablecoin solution that does not depend on the traditional banking system, and also includes a USD saving tool called Internet Bond🟢 ETHena's stablecoin called USDe uses a delta hedging strategy, completely transparent and automatable across different DeFi applications. This makes USDe a safe and effective stablecoin option in the DeFi space.
➡#ETHenahas raised a $6.5M seed round in 2023 and raised an additional $14M strategic round in 2024. Project valuation reached $300M.
➡#ETHenahas a powerful backer system such as: Binance Labs, PayPal, Gemini, Deribit, Bybit, OKX, Delphi Digital......
$BTC $BNB $SOL #binance #hotTrends #tradinginsight
📊ENA Launchpool information: To participate in Farm $ENA, you need to stake BNB and FDUSD. - Token name: ETHena (ENA)
- Total Token Supply: 15,000,000,000 $ENA
- Launch Token reward: 300,000,000 ENA (equivalent to 2% of total supply)
- Total Initial Circulating Supply: 1,425,000,000 ENA (accounting for 9.5% of total supply)
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