STORY ABOUT #ENA I only trade for breakfast 👉 Stablecoin b

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STORY ABOUT #ENA I only trade for breakfast 👉 Stablecoin belongs to the Ethereum ecosystem, is the first project to introduce the concept of Synthetic Dollar and Internet Native Yield. The Synthetic Dollar concept originates from the Stablecoin that the project develops that attaches Peg to USD and is synthesized from LST collateral (stETH, rETH,...) and Short ETH positions. Internet Native Yield means that the interest rate of Stablecoin comes entirely from the Internet. Ethena has 2 main products: USDe and sUSDe: 👉USDe: Is a Stablecoin peg 1:1 with USD. Stable assets such as USDC, USDT, DAI, crvUSD, mkUSD, GHO can be used to buy USDe on the DEX or right in the Ethena user interface. 👉sUSDe: An asset that brings profits from accumulating Staking Reward and Funding Rate. sUSDe initially had the same value as USDe, but as time went on, 1 sUSDe became more valuable than 1 USDe. This model is similar to rETH or wstETH. Ethena's mechanism of action ? COMPLICATED ! What is the potential of Ethena ? NOT SURE$

STORY ABOUT #ENA  I only trade for breakfast
 👉 Stablecoin belongs to the Ethereum ecosystem, is the first project to introduce the concept of Synthetic Dollar and Internet Native Yield. The Synthetic Dollar concept originates from the Stablecoin that the project develops that attaches Peg to USD and is synthesized from LST collateral (stETH, rETH,...) and Short ETH positions. Internet Native Yield means that the interest rate of Stablecoin comes entirely from the Internet.
Ethena has 2 main products: USDe and sUSDe:
👉USDe: Is a Stablecoin peg 1:1 with USD. Stable assets such as USDC, USDT, DAI, crvUSD, mkUSD, GHO can be used to buy USDe on the DEX or right in the Ethena user interface.
👉sUSDe: An asset that brings profits from accumulating Staking Reward and Funding Rate. sUSDe initially had the same value as USDe, but as time went on, 1 sUSDe became more valuable than 1 USDe. This model is similar to rETH or wstETH.
Ethena's mechanism of action ? COMPLICATED !
What is the potential of Ethena ? NOT SURE$