Binance Launchpool's next project, this time the next project that Binance lists on Pool is the Ethena Labs (ENA) project.

Users will be able to Stake BNB and FDUSD to receive ENA in 3 days

Time: from 07:00 March 30, 2024 - 6:59 April 2, 2024

Ethena ENA will be listed at 15:00 April 2, 2024

Details of the ENA launch pool on Binance Launchpool

Token name: Ethena (ENA)

Maximum supply: 15,000,000,000 ENA

Launchpool Reward: 300,000,000 ENA (2% of supply)

Initial circulating supply: 1,425,000,000 ENA (9.5% of supply)

Launchpool details tham khảo tại đây

Information about Ethena (ENA), products, Token Use Case, Team, investors, Tokenomics,...

1. Ethena is the first project to introduce the Stablecoin model with the highest profit threshold of ~ 30%. Ethena is also highly appreciated by funds when raising more than $20M, Dragonfly alone leads 2 rounds of funding, and also has an impressive launch with more than $1.3B TVL after only 3 months of launching the platform.

2. Ethena has 2 main products: USDe and sUSDe

3. The project team includes the following names:

- Guy Young – Founder at Ethena Labs, Elliot Parker – Product, Brian Grosso – Head of Full Stack Eng, Amine Mounazil – Research Analyst, Seraphim Czecker – Head of Growth

4. Investors

- July 17, 2023: Seed round raised $6.5M led by Dragonfly Capital with the participation of funds and CEX exchanges such as: Wintermute, Delphi, GSR, Lightspeed, OKX, Bybit, Deribit, Gemini, Houbi ,…

5. Tokenomics

- Core Contributors – 30%: Distributed to the Ethena Labs team and advisors who worked on the protocol to develop USDe.

- Investors – 25%: Allocated to investors supporting the development of the Ethena protocol, to launch the protocol and reserve funds to support the launch of Ethena.

- Foundation – 15%: This allocation will be used for further initiatives to expand USDe's reach.

Sc: 5PC

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