💥ENA Coin is on the rise as Ethena Labs increases staking rewards💥
✅Ethena Labs is a decentralized finance (DeFi) protocol behind the yield-earning USDe stablecoin. In a recent development, it announced "Season 2", which includes a 50% increase in rewards for a portion of users. As of April 8, users will be able to lock ENA for at least seven days. Users who lock 50% or more of their ENA, compared to their USDe balance, will receive a 50% reward boost. Following this, its native token, ENA Coin, rallied 15% from its lows. The token is currently trading at $1.26 after debuting at $0.64 last week.🔥
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