The current off-market price is around 0.7U, and it should be no problem to hit 1.2U at the opening.
Give me some attention, baby~
#ENA $ENA
It is a synthetic dollar protocol, and its organization and future ecological development are very good. (Still optimistic)
Ethena Labs are the creators of USDe, a synthetic dollar protocol built on Ethereum. The initiative addresses the need within the cryptocurrency space for a stable, scalable form of money rather than relying on the traditional banking system
ENA is Ethena’s new utility token and is used for the following functions:
Governance: ENA token staking can vote on protocol governance decisions
On March 29, 2024, the total supply of ENA will be 150,000,000,000, and the initial circulating supply at listing will be 1,425,000,000 (approximately 9.5% of the total token supply)
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for a currency that does not rely on the infrastructure of the traditional banking system, as well as a globally accessible dollar-denominated savings vehicle - the "Bond of the Internet".
Ethena's synthetic dollar USDe will provide the first censorship-resistant, scalable, and stable crypto-native solution for funding enabled by Delta-hedged Ethereum collateral. USDe will be fully transparently backed on-chain and freely composable across DeFi.
The stability of the U.S. dollar peg is ensured by using delta-hedged derivative positions against the collateral held by the protocol. The “Internet Bond” will combine proceeds from staking Ethereum with funding and basis from perpetual and futures markets, creating the first on-chain crypto-native “bond” that can serve as a USD-denominated savings instrument for users in permitted jurisdictions Jurisdictions.
How to participate in mining?
Give me some attention, baby~
1. EnterBinance Launchpad official website (PC version)
2. Choose to participate with BNB or FDUSD. How to obtain FDUSD, you can choose the flash swap function in the exchange, or search for the spot: FUDSD/USDT trading pair, use USDT to buy FDUSD, FDUSD is also a stable currency, there is no risk of sudden rise and fall. . When you need to exchange back to USDT, you can also choose the FDUSD/USDT trading pair and click Sell!
Those who hold BNB and are in the BNB income pool will automatically participate in mining. This is really a worry-free thing! ! !
Note: If you feel that the price of BNB is high and you are afraid that if you buy it now, the price of the currency will fall when mining ends, then you should make a hedge. For example: 2000U to buy spot, the contract opens to 100U to buy down, 20X leverage. (Be careful with the forced liquidation price. For stability, buy the contract at 1:1 with 1x leverage)
The new currency will be listed on Ethena (ENA) at 16:00 on April 2, 2024 (Eastern Eighth District time)
3 options: 1. If you mine too little, you can make a new one every second. It is not recommended to chase the high price. It is easy to lose money if the new currency chases the high price. 2. Instant swap to BNB to increase BNB holdings. 3. Always pay attention to the trading volume and trend. If the situation is not good, you can take action immediately. (Or half out, half pattern)
#lauchpool
Registration link: https://www.binance.com/zh-CN/join?ref=FEQ6LEIQ
Registration invitation code: FEQ6LEIQ
Remember to give me your UID for registration~😘😘
#BNB #新币挖矿
1. White paper:
https://ethena-labs.gitbook.io/ethena-labs
2. Official website:
https://www.ethena.fi/
3. Official Twitter:
https://twitter.com/ethena_labs
