Introducing #ENA: The Future of Digital Money 💸

🌐 What is Ethena?

Ethena establishes an 'Internet Bond,' offering a universally accessible dollar-based savings tool. Its synthetic dollar, USDe, aims for groundbreaking stability, scalability, and censorship-resistance by leveraging Ethereum collateral and delta hedging strategies. 🛡️

🔥 ENA in Depth:

- Ethena Labs oversees USDe issuance, a delta-neutral synthetic dollar, pioneering fully collateralized, on-chain, scalable, and censorship-resistant digital money.

- Maintains a constant price peg of $1 through balancing against perpetual short positions of Ether on derivative exchanges.

- Airdropping up to 750 million ENA tokens to USDe holders committed to the system.

💰 Price Prediction:

ENA's pre-market valuation at $0.65 per $ENA on WhalesMarket. With a total supply of 15 billion tokens, the fully diluted valuation stands at $9.75 billion.

Prediction: Stabilization at $1, expected on April 2.

👩‍🌾 Token Farming on Binance Launchpool:

Participate in token farming by staking BNB and FDUSD from March 30 to April 1, 2024, at 00:00 UTC.

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#Cryptocurrency #Blockchain #ENAUSDT #Ethena! #ENA