ENA token will be listed in just 2 days ✅What is #ethena(#ENA)?

Ena, a decentralized finance protocol built on the Ethereum blockchain, has a synthetic dollar called USDe... While the market cap of the Sana startup is only $85 million, its current value in US dollars is around $1.3 million.🌪️

Ethena's synthetic dollars are USD, and its investors earn a fixed income by using them to hedge Lido's STETH-style staking tokens. Additionally, these tokens attempt to set a fixed price of $1, balancing this with long-term short Ether positions on derivative exchanges.

On April 2, 2024 at 08:00 (UTC), Binance will officially announce Ena and introduce various trading pairs, including ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY. This strategic decision underscores Binance's commitment to increasing liquidity and accessibility in the cryptocurrency market and offers investors a wide range of options to engage with emerging assets like ENA.

Details of the Ethena (ENA) initial pool have been announced.🌏#Binancehas overhauled Ethena's seed pool features, providing clarity on important issues such as token supply, rewards and staking conditions. July With the maximum token supply capped at 15,000,000,000 ENA, participants can expect significant rewards of 300,000,000 ENA allocated to Launchpool token rewards, representing 2% of the total token supply.

Of particular note is the initial supply of ENA coins in circulation, set at 1,425,000,000 ena, which is 9.5% of the maximum coin supply. Running on the Ethereum blockchain, Ethena enforces betting conditions that require Know Your Customer (KYC) verification, ensure compliance with regulatory standards, and increase user security.🔒

#BinanceLaunchpool$ENA