#ena Every bull market needs a stablecoin system supported by a Ponzi flywheel. The last one is the algorithmic stablecoin $USTC . Behind it is $LUNA , which flies up to the sky with the left foot and the right foot.

And this bull market is a hedging stablecoin $ENA , and behind it is the support of #Eth , which is pledged with interest and deflation. The stability of this bull market will be proven at the end.

The invention of the perpetual contract was hailed as a major innovation. It only cost capital, and there was no need to adjust positions upon expiration to reduce capital wear and tear.

So should ENA be bought? To me it's an interest discount.