#📣 **Exciting Announcement:** Binance Introduces Ethena #ENA as 50th Launchpool Project, Paving the Way for DeFi Innovation!

Binance, the world's largest cryptocurrency exchange, has just revealed the addition of Ethena ENA to its prestigious Launchpool program, marking a significant milestone as the 50th project to join the platform.

Ethena is a groundbreaking synthetic dollar and internet-native yield platform built on the Ethereum $ETH ETH blockchain. Its synthetic dollar, $USDC aims to bring stability and scalability to the DeFi ecosystem. The platform utilizes delta-hedging against Ethereum collateral to maintain USDe’s peg and introduces the innovative 'Internet Bond' for yield opportunities from staking and derivatives.

Starting March 30, 2024, users can participate in farming Ethena’s native token, ENA, by staking their $BNB and USD tokens alongside other projects in the Binance Launchpool. The farming event will last three days and is open to users from non-restricted regions. Binance will initially release 1,425,000,000 ENA, representing 9.5% of the total supply, out of a total circulating supply of 15,000,000,000 ENA.

Binance has also announced that on April 2, 2024, at 08:00 UTC, ENA will be officially listed on the platform with a range of trading pairs, including ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY.

This move highlights Binance's commitment to fostering liquidity and accessibility within the cryptocurrency market, providing traders with diverse options to engage with emerging assets like ENA.

Stay tuned for more updates and happy trading! 🚀 #BinanceLaunchpool! #EarnWithWriting #newsdaily #BullorBear #Memecoins