Exciting the market with the 50th project on Binance Launchpool: Ethena (ENA)

1. What is Ethereum?

Ethena is a pioneering decentralized stablecoin development project on the Ethereum platform. Ethena's uniqueness lies in its use of a delta hedging strategy instead of a collateralized debt position (CDP) for the USDe stablecoin, providing a secure experience and minimal liquidation risk for holders.

2. Notable Achievements:

Ethena attracted $20.5 million in investment capital through 2 rounds of capital raising:

Seed Round: 5.6 million dollars Strategic Round: 14 million dollars

3. Listing on Binance:

Time: April 2, 2024, 3pm (Vietnam time). Trading pairs: ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY

4. Details about Ethena Launchpool:

Token Name: Ethena (ENA)Total Supply: 15,000,000,000 ENALaunchpool Rewards: 300,000,000 ENA (2% of total supply)Initial Circulating Supply: 1,425,000,000 ENA (9.5% of total supply)

Ethena promises to bring a secure and efficient stablecoin solution to the cryptocurrency market. Let's eagerly await the launch of ENA on Binance Launchpool!