$ENA #ENA智能策略库🥇🥇 #ENA #ENA挖矿
The previous articles explained the logic and valuation of ENA, as well as the impact it has on the currency circle and the conflicts of interest behind it. Some readers want to invest in ENA for a long time, so this article will talk about how to maximize the benefits of long-term holding of ENA

As someone who has been paying attention to the project in the early stage, I was lucky enough to participate in the first phase of ENA airdrop activity
The first phase only supports stablecoins such as USDC and DAI. Staking can earn points without risk. It lasted for about 40 days. The airdropped ENA is about 100% (the total value of the pledged stablecoins) according to the opening price of 0.6. According to the price of 1.3, it can only be said that it is a lot of money

ENA started the second phase of airdrop activities on April 2. Currently, it supports staking ENA to obtain points (points are 50% more than stablecoin staking). The activity time is five months. If the minting volume of USDE reaches 5 billion during the period, the activity will end in advance and start airdrop directly (currently 2.3 billion)
The first phase took 40 days from 0 to 2 billion. It is estimated that the second phase will end in less than five months. After a lot of conservative calculations, the income of this activity is about 30% or more. If it is based on the U standard, it will be more than that if ENA pulls up the market. Of course, it is just an inaccurate reference (I will not be responsible if I don’t get that much at that time). How much income you get depends on the project’s pattern, but as long as it is issued, you will definitely make money. It is risk-free and pure free.

It is recommended that people who are optimistic about ENA for a long time participate to increase the number of ENA in their hands and avoid market wash-selling. If you have U but dare not speculate in coins and want to get risk-free interest, you can also participate. The income is much higher than that given by the exchange.

The project party’s official website pledge website: app.ethena.fi/join/ihppv
(The website comes with an invitation code. I can get an extra 10% of your points. Your own points will not be less. I see many people sending invitation codes saying that they can add 10% points to the recommended people. The official does not have this activity, which is purely deceptive)

Readers who are worried about the link problem can also go to the official website to pledge. If prompted to fill in the invitation code, you can use mine: ihppv

If the pledge exceeds 50,000 U or ENA, you can leave a comment and we can communicate more privately and consult some ENA-related issues. If there are such good activities in the future, I will also call you to join the car in time, which is mutually beneficial

See you at the summit, everyone.

#ena
Batch bottom-fishing, the third wave of 0.8 price has been added
As long as the project itself has no problems, the fundamentals have not changed, but it has been brought down by the market in a short period of time, the more it falls, the more it will be bought

#ena #ENA
Place an order at 0.903 to buy the bottom, and the dog dealer drops it to 0.904. When he saw my order, he estimated that the amount was a bit large, and it would be a bit of a loss to give me the goods, so he pulled it up. I really admire this guy

Place a large amount and place it evenly in multiple amount ranges. The dog dealer is really stingy
$ENA

#ena #ENA
The recent sharp drop has caused those who bought spot at high prices to lose some money. Most people don’t like to cut losses. It is recommended that these people participate in ENA’s official airdrop activities. The expected return is more than 50%, which can completely make up for the losses of U-based spot. There is no risk. More importantly, when the airdrop is issued, ENA will definitely be higher than the current price, and the expected profit is higher. It is a better solution than holding it for nothing.

Official pledge airdrop activity page: app.ethena.fi/join/ihppv

Invitation code ihppv
$ENA

#ena #ENA $ENA
It’s so funny, one dares to post, the other dares to believe

#ENA
Hold the spot, add positions when the price drops, place orders in a step-by-step manner, and don’t be scared by the dog dealers. Currently, EAN is one of the few coins that will be pulled up in the short term. If you hold it, you will earn $ENA

#ena #ENA
Unlike those who only shout orders but don’t take part in them
I will invest heavily in the projects I like
All-in to participate in the second phase of ENA airdrop
I will continue to add positions to pledge later

#ena #ENA
The second phase of ENA's official airdrop activity has just started a few days ago and is expected to end in about three months. The estimated rate of return is about 50% or more of the currency standard. The return rate will be higher if the ENA currency price rises. If you hold ENA for a long time, it is recommended to participate, pledge ENA for free airdrops, and increase your currency holdings

ENA official website pledge URL: app.ethena.fi/join/ihppv
(The URL comes with an invitation code, and the inviter can get an additional 10% of your points, and your own points will not be reduced) 

You can also go to the ENA official website to pledge yourself. If you are prompted to fill in the invitation code, you can use mine: ihppv

If the pledge exceeds 50,000 U or ENA, you can leave a comment and we can communicate more privately and consult some ENA-related issues. In the future, if there is such a good activity, I will also call you to get on the bus in time, for mutual benefit
$ENA

#btc #比特币 #ena
This time, the dollar, gold, and Bitcoin all rose at the same time. This is a strategic operation of the dollar's liquidity, intending to drain the global dollar liquidity. It is relatively successful at present. Gold has reached a new high, Bitcoin has fluctuated at a high level, and the dollar is also rising.

Bitcoin has not fallen much, but small coins are trembling. From this, it can be seen that the dog dealer circle of Bitcoin is not at the same level as small coins.

If you are optimistic about ENA like me, it is recommended to buy on dips. Others are afraid of you, so you have to be greedy, otherwise why do you make money?
$ENA $BTC

Perhaps the only thing that prevents INTP from succeeding is laziness, which I don’t have
#intp #人格 #比特币减半 #ENA

#ENA $ENA
I have never denied that ENA will encounter a run, depegging, or even a collapse, but that is a matter of the bear market

The basis between the contract and the spot is ENA's biggest weakness

But this does not affect everyone's holding ENA in the bull market to make money

Let's be clear, we come to the cryptocurrency circle to make money, not to have a love affair with ENA that will last forever. When we make enough money, we will stop profit and break up.

#ENA $ENA
ENA’s narrative
Add leverage to the market > Currency Fed > Non-Ponzi high interest > Short-order hegemony spot Pixiu > Tradable bonds > Equal-collateral stablecoin > Stablecoin

If you only think it is a stablecoin, then the current market value is indeed too high

#比特币 #以太坊 #ena $ENA
ENA is a bit too fast. The short-term valuation article that was originally planned to be published tomorrow will be published in advance, otherwise readers will miss out.

The second phase of the ENA airdrop activity clearly stated that it will impact the issuance of 5 billion stablecoins within five months. It took only 40 days from 0 to 2 billion in the first phase. This time, it is likely that it will not take five months to complete the goal, surpassing the issuance of DAI stablecoins.

The market value of the stablecoin project is linked to the issuance of stablecoins. Since the issuance of stablecoins It has surpassed DAI, why is ENA's market value lower than MKR?

According to the current market value of MKR of 3.1 billion, ENA needs to reach 2.1$ to be on par with it. If the market is optimistic, the market value of MKR will only be higher, not lower, which is equivalent to the project party's advance notice that it will pull the market

In addition to the recent ENA second phase airdrop event, staking ENA will get extra points, causing many whales to buy frantically. When it comes to on-chain staking, it is easy to pull the market with less circulation

If the market is pulled against MKR and the staking benefits are superimposed, it will be 2.3$ in the short term

#比特币 #以太坊 #土狗
Tell a joke
Last year, during the bear market, I brought a friend into the circle and told him to stick to Bitcoin and Ethereum
But he liked to play by himself and bought local dogs
I charged 100,000 when I joined the circle
A month later, I saw that his account had more than 200,000
I asked him what he was playing recently, and he could double his money against the market
He told me that he had just charged 300,000 recently

#ENA #ENA智能策略库🥇🥇 $ENA
I didn’t expect that there are still people who plagiarize my articles, but it also indirectly expresses their approval of my views

#ENA $ENA
The previous articles talked about ENA's narrative logic and valuation. Interested readers who haven't read them can go to my homepage to check them out. In this article, I will briefly talk about the impact of ENA on the cryptocurrency circle.

Exchanges
If stablecoins want to be successful, they cannot do without the support of centralized exchanges. The project team has pulled in major exchanges in the cryptocurrency circle and half-sold and half-given away a lot of cheap chips. The exchanges have a lot of ENA in their hands, so they naturally want to make the plate, so as to maximize their profits, and this The project is very friendly to exchanges. Once the issuance of stablecoins increases, there will be a lot of corresponding short positions. Frequent opening and closing of positions during the minting process are all handling fees. Moreover, when there are more short positions, when the market's counterparty is balanced, the contract market rate will make bulls more willing to open contracts, and the exchange will still benefit.

Market Makers
Market makers in the currency circle are roughly equivalent to dog dealers. ENA has brought several market makers at the top of the currency circle on board, half selling and half giving away a wave of cheap chips. What reason do market makers have not to expand the plate and increase the market value to facilitate their own shipments and make a lot of money? With high trading volume, market makers can also make money by arbitrage

Project Party
Here I have to say that the initiator of ENA is the same person who invented the perpetual contract. It is the perpetual contract he invented that has ruined many people. The price has not changed, but the position is gone.
But correspondingly, the success of the corresponding perpetual contract is obvious to all. ENA is a project derived from the contract. It is only a matter of time before it is done. The founder is still shouting on Twitter that ENA is 10$ (I am open, you can do whatever you want)

Market
Leverage the market, lock a lot of spot in the process of minting stablecoins, less market selling pressure and easier to pull the market, increase the depth of the contract short order, bulls are happy, how much less funding rate they have to pay every year, and the interest rate of stablecoins is also very high. People who like risk-free returns are blessed

Some people make money and some people lose money. Everyone makes money, so who loses money?
Of course, it is the people who are shorting and doing arbitrage on funding rates. The pie is so small that ENA came out and took a piece of it.

Finally, ENA will not explode in a bull market. Once the market turns bearish, please do not hold a USDE. You are looking for interest, but be careful that your principal will not be protected. As for whether this model will be unpegged or even collapse, let the next bear market test it.

#ENA $ENA #MKR，SNX $MKR #USDe #dai
The previous article mentioned the core role of ENA, but it is relatively abstract and seems to be very difficult for everyone to understand

I will open a separate article here to talk about it

First of all, everyone should understand the status of Suanwen in the currency circle, just like the aircraft engine is the pearl on the crown of industry, Suanwen is the pearl of the currency circle

Secondly, as long as there is a project that can add leverage to the market and has a certain scale, then this project will definitely be sought after by funds and is destined to take off

The most intuitive example is MKR and the stablecoin Dai it issued.
The core logic of leveraging the market is to buy Ethereum and Bitcoin, mortgage them to MKR, mint the stablecoin Dai, and then use Dai to continue to buy spot Ethereum and Bitcoin, and repeat this cycle, resulting in less and less spot in the market and rising prices.
But the disadvantages are also obvious. Only 80 Dai can be minted for 100U worth of Ethereum, which is similar to the concept of loss, resulting in the inability to keep leveraging funds. Unless the price keeps rising, the more leverage is cycled, the less funds can be used. Of course, this does not affect the price takeoff of MKR, and the market value has long dominated the top five 10

Back to ENA, for every 100 USDe minted, 50U worth of Ethereum spot will be bought in the market, and then 50U worth of short orders will be opened. The value is anchored, and the capital utilization rate is 100%. Buy 100U of Ethereum and lock it in ENA to take out 100USDe to continue buying, and repeat it over and over again. The leverage that can be added is N times that of MKR, and the capital utilization rate is extremely high
The extra money must have a source. The higher the leverage, the more short orders there are in the contract. However, since the contract price is greatly affected by the spot price, the spot quantity is limited, unlike the unlimited contract, so the larger the issuance of USDe, the higher the market leverage, and the market The more you buy Bitcoin and Ethereum spot, the more the price will rise, similar to the Fed printing money (unlimited) to buy gold (limited), directly stepping on the left foot and spiraling to the sky

In this round of bull market, the future rise of Bitcoin, ETF funds are the first contributor, and the second contributor ENA is indispensable

Of course, ENA will also contribute to the rise of Bitcoin at the beginning of the bear market, but what does it matter? I have already liquidated my position and ran away

ENA is destined to enter the top 20 of the market value rankings. If the market FOMO, it is not impossible to stroll around the top ten. Although the previous article estimated that ENA has a guaranteed 7U per unit, I will not sell it at this price anyway

#ENA $ENA
I see many people compare Luna and ENA, or say that ENA has the potential/shadow of Luna

But what I want to say is that the core logic of the two is completely different. If you insist on making some connections, they may both be considered stable tracks

But please note that ENA (Athena) is the elder sister, and Luna is only worthy of being a stinky sister

It is undeniable that the economic model of Luna's stinky sister is more friendly and empowering to governance tokens, and ENA is much worse, but the project party likes to do tricks, and the subsequent empowerment of ENA is only part of the plan to pull the market.

#(2/2)Finally, let's talk about ENA's valuation
As a stablecoin project, the market value is closely related to the issuance of stablecoins. With the current market value of Bitcoin and Ethereum, if you want to maintain an annualized rate of more than 30%, you can issue about 5 billion, which directly catches up with the issuance of Dai. However, this round of Bitcoin has just begun to warm up. In the real bull market, Bitcoin doubles and Ethereum 10,000 is not a big problem. The corresponding issuance of usde can be expanded to 12 billion. There must be a lot of people who are long in the hot market, and the funding rate paid to short sellers has skyrocketed. The project party can ensure that the annualized rate is not less than 20% and the plate reaches 20 billion stablecoin issuance (not counting the leverage alone). 10 billion spot purchasing power is enough to pull a large wave of Bitcoin)

If the issuance volume reaches 20 billion, then the corresponding market value of ena will only be higher, not lower. Conservatively estimated at 1:1, the circulation market value of ena is about 20 billion (probably more than this), and the circulation volume is estimated to be within 3 billion. If it is calculated as 30, ENA can be conservatively estimated to reach 7U per unit

I post it casually, and I may not reply. The second phase of ena's airdrop activity has begun. You can support ena staking to get points. If you plan to hold ena for a long time, you can participate in it to avoid selling it and not being able to hold it

If you think my analysis is valuable and want to participate in the airdrop activity, just go to the official website to participate. Direct train http://app.ethena.fi/join/ihppv
Go directly to the official website to participate. It prompts that you need an invitation code and you can use ihppv

The first phase of the airdrop activity staking stablecoins will earn 100%+ a month. The second phase should not be that much, but it is mainly for free to accumulate ena. Don't miss it

#ENA $ENA