About Ethena
About Ethena
Blog Article
Whilst the flows happen to be considerable, some aspects of the copyright Local community say the idea continues to be examined – and failed to catch on – Earlier.
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Launched in 2014, Tether can be a blockchain-enabled System meant to aid the use of fiat currencies inside a electronic manner.
The industry's 1st off-exchange settlement Resolution. Trade freely on centralised exchanges with out relocating your property from Copper's safe MPC custody.
Generalized restaking pools in partnership with Symbiotic for staked $ENA have been incorporated to include utility to $ENA, introduced to offer economic stability for cross-chain transfers of USDe depending on the LayerZero DVN-based mostly messaging system.
ENA is At the start a governance token, governing the Ethena protocol and its critical choices. ENA holders can vote bi-each year to elect users to the Chance Committee, and Later on extra committees performing important roles within the ecosystem.
The crew explained UStb can assistance its artificial stablecoin USDe for the duration of tricky market place conditions by allowing Ethena’s governance to close USDe hedging positions and reallocate assets to UStb.
Ethena is often a money platform centered on offering a artificial dollar and facilitating World-wide-web-native generate generation.
Ethena is usually a synthetic dollar protocol constructed on Ethereum that gives a copyright-native Resolution for cash that isn't reliant on regular banking system infrastructure.
“It’s the perfect time to accept this and appear in direction of developing apparent alignment among ENA holders as well as underlying fundamentals on the protocol.”
Max Offer The most number of cash coded to exist from the life time in the copyright. It's corresponding to the maximum quantity of issuable shares while in the stock current market.
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The FDV benefit is theoretical as expanding the circulating source of the coin might influence its industry price tag. Also depending upon the tokenomics, emission program or lock-up duration of a
ENA may be the governance token for Ethena. It offers holders a voice in the path in the Ethena protocol.