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Let’s Have a Deeper Look Over Ethena - 50th Binance Launchpool
INTRODUCTION
Built on Ethereum, Ethena serves as a synthetic dollar protocol that aims to provide a stable, secure, and truly decentralized platform for their synthetic dollar USDe.
Right now, most cryptocurrencies are tied to traditional banking systems, which goes against the whole idea of decentralization. For me, the idea of making a truly decentralized platform without third-party inference will be a game changer!
Ethena wants is create a form of money that's purely digital and not tied to any traditional banks. This new form of money would be crucial for building a truly decentralized financial system.
USDe
USDe, a digital money tied to the value of the US Dollar works on the Ethereum blockchain instead of traditional banking or government interference. USDe will be fully backed with transparent on-chain transactions and will be free to be used throughout DeFi. It has the following benefits:
1- Scalability
2- Stability
3- Censorship Resistance
Shortly, you guys will be able to buy & sell USDe on CEXs such as Binance, OKX, and Bybit.
USE CASES
INTERNET BOND
They are providing a globally accessible instrument for saving known as the Internet Bond. The 'Internet Bond' is the first on-chain crypto-native 'bond' that can function as a dollar-denominated savings instrument for users.
It combines yield derived from staked Ethereum with the funding and basis spread from perpetual and futures markets. This innovative bond is set to revolutionize the way users invest in the cryptocurrency market.
What I love about Ethena is that it aims to create a digital savings option that's available to everyone globally, without the need for permission from any central authority. Moreover, it will provide a stable, permissionless, and potentially profitable way for people to save and transact with cryptocurrency. Win-Win Situation 🙌🏻
INCREDIBLE APY
Let’s discover the incredible benefits of USDe with an impressive APY of 35.2%! By staking your USDe assets, you can earn significant returns while contributing to the growth of the protocol. Plus, l assured that every dollar of value accrued from your assets will be fully transferred to the USDe staking contract.
Start reaping the rewards of USDe today!
BINANCE LAUNCHPOOL
After the back-to-back success of Binance launchpads, the 50th Binance Launchpool - ENA is about to get listed on Binance on 2nd APRIL, 8:00 UTC!
The farming will start tomorrow, you will be able to farm ENA by staking BNB & FDUSD in separate pools! Farming will continue for three days so avail this golden chance.
Stake BNB and FDUSD to earn ENA rewards: 240M ENA (80%) for BNB and 60M ENA (20%) for FDUSD.
With a maximum total supply of 15,000,000,000 ENA, it’s making the buzz.
PROJECT LINKS
Website: www.ethena.fi/
Whitepaper: ethena-labs.gitbook.io/ethena-labs/
Twitter: twitter.com/ethena_labs
Discord: discord.com/invite/HVfuYyNm8S
Telegram: t.me/ethena_labs
Check out to dive deeper into the project details - HAPPY FARMING
#ENALAUNCHPOOL #BinanceLaunchpool #Memecoins #SHIB
Built on Ethereum, Ethena serves as a synthetic dollar protocol that aims to provide a stable, secure, and truly decentralized platform for their synthetic dollar USDe.
Right now, most cryptocurrencies are tied to traditional banking systems, which goes against the whole idea of decentralization. For me, the idea of making a truly decentralized platform without third-party inference will be a game changer!
Ethena wants is create a form of money that's purely digital and not tied to any traditional banks. This new form of money would be crucial for building a truly decentralized financial system.
USDe
USDe, a digital money tied to the value of the US Dollar works on the Ethereum blockchain instead of traditional banking or government interference. USDe will be fully backed with transparent on-chain transactions and will be free to be used throughout DeFi. It has the following benefits:
1- Scalability
2- Stability
3- Censorship Resistance
Shortly, you guys will be able to buy & sell USDe on CEXs such as Binance, OKX, and Bybit.
USE CASES
INTERNET BOND
They are providing a globally accessible instrument for saving known as the Internet Bond. The 'Internet Bond' is the first on-chain crypto-native 'bond' that can function as a dollar-denominated savings instrument for users.
It combines yield derived from staked Ethereum with the funding and basis spread from perpetual and futures markets. This innovative bond is set to revolutionize the way users invest in the cryptocurrency market.
What I love about Ethena is that it aims to create a digital savings option that's available to everyone globally, without the need for permission from any central authority. Moreover, it will provide a stable, permissionless, and potentially profitable way for people to save and transact with cryptocurrency. Win-Win Situation 🙌🏻
INCREDIBLE APY
Let’s discover the incredible benefits of USDe with an impressive APY of 35.2%! By staking your USDe assets, you can earn significant returns while contributing to the growth of the protocol. Plus, l assured that every dollar of value accrued from your assets will be fully transferred to the USDe staking contract.
Start reaping the rewards of USDe today!
BINANCE LAUNCHPOOL
After the back-to-back success of Binance launchpads, the 50th Binance Launchpool - ENA is about to get listed on Binance on 2nd APRIL, 8:00 UTC!
The farming will start tomorrow, you will be able to farm ENA by staking BNB & FDUSD in separate pools! Farming will continue for three days so avail this golden chance.
Stake BNB and FDUSD to earn ENA rewards: 240M ENA (80%) for BNB and 60M ENA (20%) for FDUSD.
With a maximum total supply of 15,000,000,000 ENA, it’s making the buzz.
PROJECT LINKS
Website: www.ethena.fi/
Whitepaper: ethena-labs.gitbook.io/ethena-labs/
Twitter: twitter.com/ethena_labs
Discord: discord.com/invite/HVfuYyNm8S
Telegram: t.me/ethena_labs
Check out to dive deeper into the project details - HAPPY FARMING
#ENALAUNCHPOOL #BinanceLaunchpool #Memecoins #SHIB
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