#Ensure you don't miss out on staking #ethena (ENA) on Binance Launchpool.
Binance will be the pioneering platform to introduce the token mentioned, with trading set to commence on April 2, 2024, at 08:00 (UTC). Any claims of offering this token for sale before the specified timeline are misleading. It's crucial to conduct your own research to safeguard your funds.
Ethena Labs is the brains behind USDe, a synthetic dollar protocol established on Ethereum. This endeavor caters to the necessity for a stable, scalable form of currency within the crypto-native realm, minus dependence on conventional banking systems.
ENA serves as Ethena's native utility token and facilitates the following functions:
Governance: ENA token holders possess the ability to vote on protocol governance matters.
As of March 29, 2024, the total ENA supply stands at 15,000,000,000, with an initial circulating supply upon listing of 1,425,000,000 (~9.5% of the total token supply).
Don't overlook the opportunity to stake ENA freely on Binance and earn rewards.
