🧊 ENA – A stablecoin that doesn't need banks, doesn't need USD
Ethena is redefining the concept of stablecoins with USDe – a form of 'Internet-native dollar' that does not rely on banks or traditional assets.
✅ USDe is backed by ETH and derivative hedging strategies
✅ No need for fiat – unaffected by the traditional financial system
✅ Always maintains a stable peg thanks to a self-adjusting supply-demand mechanism
$ENA is the governance and utility token of the Ethena system:
– Stake to earn rewards
– Manage the mint/burn system
– Benefit from the growth of USDe
Ethena opens a new path for stablecoins – not centralized, not controlled by any organization, yet still maintaining stability.
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#ENA #ethena #USDe #DecentralizedStablecoin #WriteToEarn $ENA