RANK NO.81 ✅
➡️Market capacity $1.23 billion ✅
➡️Market dominance $1.29 billion ✅
➡️Circulation supply 1.43B ENA✅
➡️Maximum supply 15 billion ENA ✅
➡️Total supply 15 billion ENA ✅
➡️Issue date 2024-04-02 ✅
➡️All-time high $0.89871 ✅
➡️ All-time low $0.927535 ✅
➡️WHAT IS ETHENA(ENA)✅📈💰
Ethena is a synthetic dollar protocol built on top of Ethereum that will provide a crypto-native solution for money that does not depend on the infrastructure of the traditional banking system.
➡️Together with a globally accessible dollar-denominated savings instrument: the 'Internet Bonus'.✅💰
➡️Ethena's synthetic dollar, USDe, will be the first censorship resistant, 💰
Scalable and stable crypto-native solution for money achieved through staked Ethereum delta collateral. ✅
➡️USDe will be fully backed transparently on-chain and will be free to compose across DeFi. 🚀💰
➡️The stability of the USDe peg is ensured through the use of delta hedging derivative positions against collateral held by the protocol. ✅💸💰
➡️The 'Internet Bonus' will combine the yield derived from staked Ethereum, as well as the financing and base spread of the perpetual and futures markets, to create the first on-chain crypto-native 'bond' that can function as a savings instrument called in dollars for users in permitted jurisdictions.☑️📈#ENALAUNCHPOOL#BinanceLaunchpool#BullorBear$ENA @dedotfi @Nothing Research