I pledged $ENA a few days ago.

Project Analysis ena
ENA is not like LUNA, it is more like dydx, which will be launched for a few weeks to attract TVL and wool-pulling, and then welcome unlimited shipments from institutions.
$ENA means that the original usde annualized rate is 100%,
Now with ena, it is 200%, which is a bit like the early cake,
Dig yourself, and then spiral up during the ecological rise period. After staking, it will be locked for at least 7 days, which means that the next 7 days are all buying, buying, and buying
Spiral Ponzi starts! At that time, $LUNA could only revolve in its own ecosystem, just like the Chinese renminbi cannot be internationalized, and has been pushing up real estate in China. Ena has played its cards. If you are optimistic, pledge to hold it for yourself, and then the income will be higher. If you have the opportunity to eat and take, don't go short this week if you are not optimistic. Dig yourself like this. The price of u remains unchanged. The higher the price of ena, the higher the staking income. And it is obvious that his usde territory must be expanded. He wants to compete with DAI for territory. He must quickly expand his usde. A group of old foxes in the currency circle set up a game. It is a bit difficult to pull the market by themselves, so let the big investors buy $ENA and follow the pull. The price of the currency has risen, and the obvious yield has risen. Naturally, TVL went up, and the difficulty of staking to pull the market decreased sharply. In the process of expanding his usde, his fundamentals have already improved. The fundamentals are improving, the market share is increasing, and everyone is optimistic. At the same time, he needs to pledge more ena to get higher returns. Then it will be easier to do things by himself. The left foot steps on the right foot and spirals up. This thing is still the old defi second pool, but there is no selling pressure. In the short term, it is just pulling the market. But I feel that his situation is better than luna. Now it is not aave that supports usde and starts to suppress dai. This risk is still smaller than luna. To be honest, luna has no risk in the bull market, and it will collapse in the bear market. The problem lies in the large number of short positions brought by eth/ena after the bear market, which leads to the long-term negative futures rate, which is equivalent to lying on eth to suck blood. This protocol is equivalent to you paying someone to help you do arbitrage. First-class capital platform, third-class protocol. When the bear market comes, the futures side income cannot keep up. Once the run is on, usde will collapse after the anchor is unpegged, which is to eat the dividend of the rate. --The text is reproduced from Pepe Researcher