The price of ENA is not expensive at all
The BTC market will be opened in the second quarter, with a target issuance volume of 5B. According to a very "conservative" estimate: 30% of the overall APY (ETH pledge income + ETH funding rate + BTC funding rate), "earning" 1.5B a year, give me The same very conservative valuation of 10, FDV directly 1.5BX10=15B
