🔴Binance 50th Launchpad Project (ENA) – a must-see

I have followed @ethena_labs a long time ago. When the quota was opened in the early stage, the group of friends were discussing it enthusiastically. However, the GAS was too high, so I clicked 98U. I never started. The group friend has already earned 1300U from 4000U. Up to 20 times the fragmentation income. Yesterday, I suddenly listed on Binance and broke my thigh.

🔴What is Ethena

Ethena is a synthetic dollar protocol built on Ethereum that does not rely on the traditional banking system and globally accessible savings instruments - commonly known as "internet bonds"

Is a savings instrument creating the first on-chain crypto-native “bond” in permitted jurisdictions

🔶Users can synthesize multiple cryptocurrencies into US dollars USDe, and freely combine them in the entire DeFi to earn profits.

🔶USDe is fully transparent on-chain, enabling the first censorship-resistant, scalable and stable cryptocurrency-native solution for Ethereum collateral

🔴Establish Ethena role

Ethena was built to solve the biggest, most obvious immediate need in crypto. DeFi attempts to create a parallel financial system, but stablecoins are the most important financial instrument and are still completely tethered and dependent on traditional banking infrastructure

For users, this is a "risk without reward"

🔴Financing background:

In July last year, $ENA completed a US$6.5 million seed round of financing and a strategic round of financing totaling US$14 million, with a valuation of US$300 million. This round of financing was led by Dragonfly, Brevan Howard Digital and other institutions, and BitMEX founder Arthur Hayes' family office also participated in the investment

🔴Token distribution

Code:ENA

Total supply: 15 billion

Initial circulation: 1.425 billion

🔴Price prediction

According to the current 1.5 billion TVL pledged by #ENA, there is basically no big difference between the TVL predicted in the past few times and the currency price and market value at 1:1

Initial supply: 1.425 billion

Initial supply market value: 1.5 billion max

Estimated price: 1U (predicted highest opening price)

Ethena is the first globally accessible and censorship-resistant fixed income instrument. It is also a very innovative and challenging project that deserves attention.

#ENA