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Natividad Kennealy STfdt
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$ENA The 50th project featured on Binance Launchpool is Ethena (ENA), an innovative synthetic dollar protocol designed to revolutionize the way we perceive and utilize digital currencies. Ethena Labs, the visionary company behind this initiative, has developed USDe, a synthetic dollar protocol that operates on the Ethereum blockchain. This groundbreaking initiative seeks to address the growing demand for a stable and scalable form of money within the crypto-native ecosystem, thereby eliminating the need to rely on traditional banking systems that can often be inefficient and cumbersome.
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#DeFiGetsGraded #DeFiGetsGraded DeFi Gets Graded: What's Happening? DeFi Pulse, in collaboration with Gauntlet, has launched a risk assessment tool called the DeFi Pulse Economic Safety Grade. This tool grades DeFi protocols based on factors like collateral volatility, relative collateral liquidity, user behavior, protocol parameters, and smart contract risks ยน. Key Highlights - *Grading Scale*: The tool provides a score between 1-100, assessing the risk of insolvency or risk to depositors. - *Initial Grades*: Aave scored 95 ("very safe") and Compound scored 91 ("very safe"). - *Next Project*: MakerDAO is slated for review, with 100% stablecoin borrows.
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$OM You will never BOOOOOOOOOOOOOOOM
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