$ENA ### **ENA Core Advantages**

1. **Scalability Potential**

The issuance of USDe exceeded **$2.4 billion** within 4 months (as of May 2024), becoming one of the fastest-growing stablecoins, demonstrating the market's demand for high-yield stable assets.

2. **Innovative Yield Model**

- Integration of crypto-native yields (staking + funding rates), without relying on traditional government bonds.

- Earnings are automatically compounded, requiring no active intervention from users.

3. **Ecosystem Expandability**

- ENA tokens are used for governance (such as adjusting protocol parameters and reserve asset allocation).

- Integration with DeFi protocols like Curve and Mantle to enhance USDe liquidity and use cases.

4. **Institutional-Level Risk Control**

Collaborating with derivatives exchanges (such as Binance and Bybit) and custodians (such as Fireblocks) to ensure secure execution of hedge positions.