Binance's Launchpool will launch ENA soon. It stabilizes asset value and obtains additional income by staking and shorting ETH.

Binance also spent a lot of money on this event. In order to participate in this event, I made this picture:

In the embrace of this sea, the mountains and rivers stand tall ($ENA is vaguely seen). They are silent and tenacious. Between the mountains and rivers, the rivers meander and flow (reflecting the Binance logo) to nourish the growth of all things.

Between the mountains and the sea, the world is reflected. Let's take a look at the project together!

Source of income

Ethena's income mainly comes from two sources.

The first source is staking ETH. Through protocols such as Lido, Ethena can earn a stable annualized income of 3% to 5%.

The second source is short positions. Although this income is not very stable, in the long run, short positions can earn positive income, and the current yield is between 5% and 20%.