1. TEDA is not recognized by many people in the cryptocurrency community because although TEDA deposits our US dollars in banks or purchases treasury bonds to obtain income, it has never conducted an airdrop to any user holding USDT. Therefore, apart from exchanges, the only profit maker in the currency circle is TEDA.
2. Not all banks have master accounts with the Federal Reserve. If a non-U.S. bank wants to deposit the U.S. dollars (USDT) we buy into a bank with a Federal Reserve account, it needs to go through a correspondent bank, which will incur agency fees and is costly.
3. Taking advantage of the deflationary characteristics of Ethereum, futures prices are often higher than spot prices, leaving room for arbitrage, which means the Ethena project has profit potential.
4. As a governance token, ENA actually provides interest to stakers. It has a bright future, but it is still different from Luan.
#ENA
