💰 Is $ENA the Next $LUNA or the Future of Stable Yields?
DeFi veterans remember what happened to algorithmic stablecoins like UST. Ethena’s $USDe is taking a second shot at that idea—with a few key differences.
Instead of minting against promises, $USDe is overly secured and hedged through delta-neutral positions.
That means it holds real assets while shorting perps to maintain peg stability. So far, the results are drawing serious attention.
🔹 High APYs on staked $USDe
🔹 Backed by big names like Binance Labs & Arthur Hayes
🔹 Fast-growing ecosystem with cross-chain reach
But critics are watching closely. Can this model hold under stress? Will yields remain as more users pile in?
📌 If you’re hunting yield or looking for the next big DeFi rotation, $ENA might be worth a second look.
Poll: Are you
🟢 Farming $ENA
🟡 Trading the volatility
🔴 Staying out for now?
