Ethena's 2024 Roadmap - $ENA has a few notable points:
🔸 Integrate $USDe as primary collateral on DeFi and CeFi platforms
🔸 Build an optimal 'unified money layer' chain for financial activities with $USDe as the common currency
🔸 Become a liquidity aggregation protocol on exchanges as well as support for DEXs on the Ethena network
That drawing is evil but what is $ENA used for???
If the token has no usecase and is currently only used to farm more airdrops, then after the airdrop is completed, $ENA will be shrouded...
In the other case, $USDe becomes a ponzi stablecoin on par with $DAI and $ENA becomes a governance token (voting $USDe's interest rate decisions, for example).
Or $ENA should become a token like $LUNA, a form of religion