The current stablecoin scale of the ENA protocol exceeds 2 billion. Assuming that 50% of it is pledged, the following simple estimation can be made:
Assuming that the agreement can earn 600 million in one year, it has the ability to issue high interest of up to 300 million.
If the scale of the stablecoin can be expanded to 10 billion, the annual income is expected to reach 3 billion, and 1.5 billion in interest can be issued.
Judging from these data, the ENA protocol seems to be a quite profitable protocol during the bull market in the currency circle.
It’s worth noting that this is fundamentally different from Luna’s fake returns or algorithmic stablecoins. The ENA protocol is based on real economic activities and pledge mechanisms, ensuring the stability and reliability of its earnings.
The ENA protocol has shown strong money-making potential in the stablecoin space, and the way it operates is significantly different from other projects such as Luna.
