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I've noticed some confusion surrounding the #ENA (ETHENA) issue regarding the Binance launch. Let me address some key points: 1) Avoid buying ENA before the launch. Beware of websites outside Binance claiming to sell ENA. There are no pre-launch sales or airdrops, so don't send money to strangers! 2) ENA is currently available in Binance's Launchpool, not Launchpad. You can farm ENA by staking $BNB and/or $FDUSD. This is the only way to acquire ENA within Binance before it's listed for trading on April 2nd at 8 am (UTC). 3) Consider time zones. The official launch of ENA on Binance is April 2nd at 8 AM (UTC). Use Google to convert this to your local time zone. 4) ENA is not a stablecoin. Refer to my previous post for clarification on this matter. 5) If you have more questions about ENA, feel free to ask in the comments, and I'll do my best to provide clarity. __ 🌟 Stay updated with LocademiaCripto for more relevant news and educational content! Don't forget to hit that 👍 ! #Launchpad #BinanceLaunchpool

I've noticed some confusion surrounding the #ENA (ETHENA) issue regarding the Binance launch. Let me address some key points:

1) Avoid buying ENA before the launch. Beware of websites outside Binance claiming to sell ENA. There are no pre-launch sales or airdrops, so don't send money to strangers!

2) ENA is currently available in Binance's Launchpool, not Launchpad. You can farm ENA by staking $BNB and/or $FDUSD. This is the only way to acquire ENA within Binance before it's listed for trading on April 2nd at 8 am (UTC).

3) Consider time zones. The official launch of ENA on Binance is April 2nd at 8 AM (UTC). Use Google to convert this to your local time zone.

4) ENA is not a stablecoin. Refer to my previous post for clarification on this matter.

5) If you have more questions about ENA, feel free to ask in the comments, and I'll do my best to provide clarity.

__

🌟 Stay updated with LocademiaCripto for more relevant news and educational content! Don't forget to hit that 👍 !

#Launchpad #BinanceLaunchpool

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🎉🎉Exciting News: Ethena Hits $1.2 Billion Market Cap—Here’s the Lowdown🎉🎉 Ethena Labs recently introduced its governance token, $ENA , alongside the expansion of its yield-earning stablecoin, USDe. This much-anticipated launch has attracted significant attention, earning accolades from figures like Arthur Hayes, former CEO of BitMEX, and other crypto enthusiasts. However, it comes with a nuanced backstory. Ethena aims to leverage this new token for enhanced decentralization, accessibility, and security. As part of its Season 2 campaign, the company airdropped 5% of the total $ENA supply to all USDe and sUSDe holders, spanning a five-month period. Yet, Ethena faced scrutiny when a February press release suggested substantial funding from notable investors, later revealed to be untrue. A now-deleted tweet admitted the error, attributing it to a misunderstanding, as confirmed by the team to Coindesk. Despite controversies and perceived risks, including comparisons to the Terra ecosystem collapse, investor interest in Ethena remains fervent. Since its debut, the coin has amassed a market capitalization exceeding $1.2 billion, securing a position as the 80th most valuable cryptocurrency. Before diving into ENA, it’s crucial to grasp its operational intricacies. The protocol’s methods for minting, redeeming, and ensuring USDe stability are complex, posing a challenge for newcomers adhering to the DYOR ethos. Here's hoping we can shed light on the matter. #ENA #Launchpool #HalvingHorizons
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