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BNB Price Outlook â August 2025
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XRP Forecast: âHow Highâand How LowâCould It Go?
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Ethereum Price Outlook for August 2025
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$ENA is the governance and utility token of the Ethena protocol, which powers the synthetic-dollar stablecoin USDe. Built on Ethereum, Ethena uses ETH or liquid-staking tokens as collateral and opens short futures positions under a delta-neutral strategy to maintain USDeâs 1:1 USD peg decentralized and censorshipâresistant. ENA holders can vote on governance proposals, earn rewards for stabilizing USDe via staking or depositing collateral, and participate in liquidity programs. After its AprilâŻ2024 launch with a 750âŻMâtoken airdrop (5% of the 15âŻB total supply), Ethena introduced forced vestingârequiring at least 50% lockupsâand staking capability as part of broader utility expansion and to incentivize longâterm alignment.
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#CreatorPad Binance has introduced CreatorPad, a contentâmonetization platform on its social hub, Binance Square, which attracts over 35âŻmillion monthly users. CreatorPad enables crypto creators to earn rewards by completing taskâbased campaignsâsuch as posting relevant content, engaging with projects, and using designated hashtags. Contributions are tracked in real time, and creators are ranked on a Mindshare Leaderboard, where quality, relevance, consistency, and engagement determine ranking. Emphasizing quality over quantity, the platform penalizes lowâvalue or repetitive posts and rewards meaningful, authentic participation. Projects can create bespoke campaigns through CreatorPad to discover top creators and grow community excitement. This launch reflects Binanceâs broader mission to empower creators and drive innovation in the crypto ecosystem.
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