ASR Collides with ENA: One Wants to Turn Stablecoins into an Arms Factory, the Other Directly Transforms into the Federal Reserve
ASR is like an arms factory on the blockchain, creating modules, stitching protocols, and building financial Legos, with the goal of DeFi's "new infrastructure"; while ENA no longer pretends, directly transforming into the "on-chain Federal Reserve," wildly creating the stablecoin USDe, relying on LRT for sustenance + delta-neutral strategies for stabilization. It's impressive, but the volatility is truly "stable yet spiky".
ASR focuses on decentralization and toolchain tactical packages; ENA plays with liquidity absorption techniques and large-scale borrowing hedges.
One is a module fanatic, the other a stablecoin emperor.
📌 In summary: ASR is the DeFi arms dealer, ENA is the on-chain central bank; do you choose the revolutionary supplier or the financial cash king? $ASR