Binance launches the 50th project EthenaENA for new coin mining
1. This phase still uses BNB and FDUSD for mining. The token name is "ENA". Binance is the first platform to list this token. After 08:00 today, stake BNB and FDUSD on Launchpad to get ENA rewards. This ENA mining lasts for 3 days.
2. Ethena is a synthetic dollar protocol built on Ethereum. It will provide crypto-native solutions for currencies that do not rely on the infrastructure of the traditional banking system, as well as a globally accessible dollar-denominated savings tool - "Internet bonds".
3. Ethena's synthetic dollar USDe will provide the first anti-censorship, scalable and stable cryptocurrency native solution for funds realized through Delta hedging of pledged Ethereum collateral. USDe will be fully transparently supported on the chain and freely composed throughout DeFi. The "Internet Bond" will combine the income from staking Ethereum with funds and basis from perpetual and futures markets to create the first on-chain crypto-native "bond" that can serve as a savings tool for users denominated in US dollars in permitted jurisdictions. #ENA
1. This phase still uses BNB and FDUSD for mining. The token name is "ENA". Binance is the first platform to list this token. After 08:00 today, stake BNB and FDUSD on Launchpad to get ENA rewards. This ENA mining lasts for 3 days.
2. Ethena is a synthetic dollar protocol built on Ethereum. It will provide crypto-native solutions for currencies that do not rely on the infrastructure of the traditional banking system, as well as a globally accessible dollar-denominated savings tool - "Internet bonds".
3. Ethena's synthetic dollar USDe will provide the first anti-censorship, scalable and stable cryptocurrency native solution for funds realized through Delta hedging of pledged Ethereum collateral. USDe will be fully transparently supported on the chain and freely composed throughout DeFi. The "Internet Bond" will combine the income from staking Ethereum with funds and basis from perpetual and futures markets to create the first on-chain crypto-native "bond" that can serve as a savings tool for users denominated in US dollars in permitted jurisdictions. #ENA
