$ENA The currency $ENA is the token symbol for the Ethena Protocol project, which is an innovative protocol in the world of decentralized finance (DeFi) aimed at providing a stablecoin that does not rely on banks known as USDe.

⚙️ What is the Ethena project?

Ethena is a protocol built on the Ethereum network, offering a new solution for creating stablecoins using cryptocurrency derivatives instead of holding actual dollars, aiming to reduce reliance on traditional banks.

🎯 Features of $ENA:

Used in governance within the protocol.

Provides rewards for participants in liquidity provision or staking.

A project supported by major crypto companies such as Binance Labs and Dragonfly.