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Solana is currently second in terms of Dex volume. Do ground prices follow the example?
The amount of Dex Solana has exceeded the amount of Ethereum. However, general activity is much lower than the level recorded in January. Hyperlixvid's domination in the permanent merchant market of term contracts undermines investors' confidence in Solana's long-term perspective.
It has not recovered to $168 since June 12th. Sol's native Solana fell by 15%. This downward trend continued during a period characterized by a decline in network activity and a decline in meme demand.
Nevertheless, Solana recently recovered her second position in the volume of her decentralized scholarship (DEX). This made traders wonder whether the soil could recover to a level of $180 in the near future. Dex for Solana's activities reached $64.1 billion in 30 days, exceeding $61.4 billion, according to Defilma. The BNB Network took the lead position at $159.6 billion during the same period, but Solana took over market share in June. Key players contributing to this growth include Raydium, which recorded a volume of $19.1 billion, followed by Pump.fun at $14.2 billion and $13.9 billion. However, global Dex Sur Solana activity remains 91% lower than the levels observed in January. The appeal of the Memoyan sector can undermine enthusiasm regarding increasing share of the Dex Solana market.
Another issue for soil investors is the growth of Hyperlikvid, which has established itself as the leading blockchain of eternal trade. This development has reduced interest in Solana and BNB chain Ethereum Layer-2 solutions and decentralized applications (DAPP) separately.
Defilma reports that the volume of high lipid auctions over the past 30 days was 84% higher than the total amount of its five biggest competitors. More importantly, its success hypothesizes that other projects can take into account the possibility of launching their own independent blockchains.
This fear undermines the merchant's confidence in Solan's ability to become a dominant actor. Loss of trust is evident in derivative markets where demand for long positions borrowed in soil has decreased.
In neutral markets, as a rule, eternal term contracts show annual loan levels ranging from 5% to 12% in long positions. The transition to the negative rate shows bears as uncovered sellers are carrying the cost of keeping the transaction. Over the past 30 days, derived data demonstrates a lack of sustainable optimism about the soil. The main potential soil catalyst is the expected approval of the Solana Spot Tracked (ETF) Foundation Committee for exchange with the American title, with a solution expected in October. At the same time, Bull investors are relying on the network's technical capabilities to drive price recovery. Dubo, representing the DRIFA protocol, noted that Solana's strong base layer increases "asset availability" and allows tokens to be used as a paper security. He also emphasized that there is no "combination engine from Where." This is used to protect users from distributed exchanges (DEX) from issues related to transaction or reorder prioritization. Solana is often associated with the same launches and tokens, but its ecosystem covers a wider range of usage options. Hyperlikvid is the exception, but other blockchains like Berahain have struggled to support large-scale levels of deposits. Given the low cost and high scalability of Solan's trading, there could be a $180 rebound even before the October ETF decision.
$SOL $RAY $BNB
It has not recovered to $168 since June 12th. Sol's native Solana fell by 15%. This downward trend continued during a period characterized by a decline in network activity and a decline in meme demand.
Nevertheless, Solana recently recovered her second position in the volume of her decentralized scholarship (DEX). This made traders wonder whether the soil could recover to a level of $180 in the near future. Dex for Solana's activities reached $64.1 billion in 30 days, exceeding $61.4 billion, according to Defilma. The BNB Network took the lead position at $159.6 billion during the same period, but Solana took over market share in June. Key players contributing to this growth include Raydium, which recorded a volume of $19.1 billion, followed by Pump.fun at $14.2 billion and $13.9 billion. However, global Dex Sur Solana activity remains 91% lower than the levels observed in January. The appeal of the Memoyan sector can undermine enthusiasm regarding increasing share of the Dex Solana market.
Another issue for soil investors is the growth of Hyperlikvid, which has established itself as the leading blockchain of eternal trade. This development has reduced interest in Solana and BNB chain Ethereum Layer-2 solutions and decentralized applications (DAPP) separately.
Defilma reports that the volume of high lipid auctions over the past 30 days was 84% higher than the total amount of its five biggest competitors. More importantly, its success hypothesizes that other projects can take into account the possibility of launching their own independent blockchains.
This fear undermines the merchant's confidence in Solan's ability to become a dominant actor. Loss of trust is evident in derivative markets where demand for long positions borrowed in soil has decreased.
In neutral markets, as a rule, eternal term contracts show annual loan levels ranging from 5% to 12% in long positions. The transition to the negative rate shows bears as uncovered sellers are carrying the cost of keeping the transaction. Over the past 30 days, derived data demonstrates a lack of sustainable optimism about the soil. The main potential soil catalyst is the expected approval of the Solana Spot Tracked (ETF) Foundation Committee for exchange with the American title, with a solution expected in October. At the same time, Bull investors are relying on the network's technical capabilities to drive price recovery. Dubo, representing the DRIFA protocol, noted that Solana's strong base layer increases "asset availability" and allows tokens to be used as a paper security. He also emphasized that there is no "combination engine from Where." This is used to protect users from distributed exchanges (DEX) from issues related to transaction or reorder prioritization. Solana is often associated with the same launches and tokens, but its ecosystem covers a wider range of usage options. Hyperlikvid is the exception, but other blockchains like Berahain have struggled to support large-scale levels of deposits. Given the low cost and high scalability of Solan's trading, there could be a $180 rebound even before the October ETF decision.
$SOL $RAY $BNB
BSCDaily
--
SAGA on Binance Launchpool - Price Prediction and Growth Potential!
2B+ $FUSD and 17M+ $BNB are being staked for $SAGA!
Why is it so hyped? Read this post and don’t miss your chance to invest in one of the biggest stories of this year!
#SAGALAUNCHPOOL
I. What is Saga?
How does it work?
Saga is a Layer 1 protocol that enables developers to create VM-agnostic, parallelized, and interoperable dedicated chains called Chainlets.
Each Chainlet shares the same validator set and security model as the Saga Mainnet.Key features of Chainlets include:
Infinite horizontal scalability: Applications can elastically scale to peak performance and speed.Costless transactions and predictable chain fees: Developers can choose various monetization models.Automation: Chainlets can be easily deployed using the Saga WebApp.Interoperability and fast bridging: Users can transfer assets between Chainlets and other ecosystems.Fully flexible stack: Developers have dedicated chains for optimal flexibility and customizability.
In essence, Saga empowers developers with a versatile and scalable blockchain solution.
Achievements
As of April 1, 2024, the Saga Innovator Program comprises 350 projects, with 80% focused on gaming. The remaining 10% involve NFTs and entertainment, while another 10% are related to DeFi.
In March 2024, Saga introduced Saga Origins, a game publishing division dedicated to launching innovative games. Saga has also partnered with several Layer 1 protocols, including Polygon, Avalanche, Celestia, MarbleX, and Com2uS, to enhance their infrastructure using Chainlets.
Fundraising
- Total Raised: $15 million
- Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment and Chorus One.
II. Launchpool & Token Information
SAGA Launchpool Details:
Token Name: Saga (SAGA)
Max Token Supply: 1,000,000,000 SAGA Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)Initial Circulating Supply: 90,000,000 SAGA (9% of max token supply)Smart Contract Details: Saga Security ChainFarming Period: 2024-04-05 00:00 (UTC) to 2024-04-08 23:59 (UTC).Supported Pools:
Stake BNB: 36,000,000 SAGA in rewards (80%) Stake FDUSD: 9,000,000 SAGA in rewards (20%)
$SAGA Utility:
Payment for Chainlets: Developers pay $SAGA tokens to the network validators to instantiate and keep their Chainlets alive.
Staking: Stakers help secure the network and receive $SAGA tokens and the tokens of projects building on the Saga protocol as a reward.Governance: $SAGA token holders will be able to vote on network governance decisions.
Don’t fade on Saga, participate in the launchpool now 👇
Join SAGA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
III. SAGA Price Prediction & Our POV
Price Prediction
Total Supply: 1,000,000,000
Initial Supply: 90,000,000 (9% of total supply)
Recent Layer 1 & Infrastructure Project on Launchpool:
Considering all the information above, combined with all the achievements SAGA has got, $SAGA price could be around 4.5 - 6$, equal to the marketcap of around $400M - $600M on the listing date.
Our POV
The amount of airdropped tokens is 15.5% and only 1.5% can be unlocked on the listing date and vested every 1% each month, so we predict there will not be a strong dump force at the time of listing.
However, we suggest waiting until after the airdrop claimers have sold their tokens on the market before considering buying
→ In our view, setting buy orders within the range of 4.5$ - 5.5$ (based on our price prediction) seems reasonable.
Don’t fade on Saga, participate in the launchpool now 👇
Join SAGA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
Why is it so hyped? Read this post and don’t miss your chance to invest in one of the biggest stories of this year!
#SAGALAUNCHPOOL
I. What is Saga?
How does it work?
Saga is a Layer 1 protocol that enables developers to create VM-agnostic, parallelized, and interoperable dedicated chains called Chainlets.
Each Chainlet shares the same validator set and security model as the Saga Mainnet.Key features of Chainlets include:
Infinite horizontal scalability: Applications can elastically scale to peak performance and speed.Costless transactions and predictable chain fees: Developers can choose various monetization models.Automation: Chainlets can be easily deployed using the Saga WebApp.Interoperability and fast bridging: Users can transfer assets between Chainlets and other ecosystems.Fully flexible stack: Developers have dedicated chains for optimal flexibility and customizability.
In essence, Saga empowers developers with a versatile and scalable blockchain solution.
Achievements
As of April 1, 2024, the Saga Innovator Program comprises 350 projects, with 80% focused on gaming. The remaining 10% involve NFTs and entertainment, while another 10% are related to DeFi.
In March 2024, Saga introduced Saga Origins, a game publishing division dedicated to launching innovative games. Saga has also partnered with several Layer 1 protocols, including Polygon, Avalanche, Celestia, MarbleX, and Com2uS, to enhance their infrastructure using Chainlets.
Fundraising
- Total Raised: $15 million
- Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment and Chorus One.
II. Launchpool & Token Information
SAGA Launchpool Details:
Token Name: Saga (SAGA)
Max Token Supply: 1,000,000,000 SAGA Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)Initial Circulating Supply: 90,000,000 SAGA (9% of max token supply)Smart Contract Details: Saga Security ChainFarming Period: 2024-04-05 00:00 (UTC) to 2024-04-08 23:59 (UTC).Supported Pools:
Stake BNB: 36,000,000 SAGA in rewards (80%) Stake FDUSD: 9,000,000 SAGA in rewards (20%)
$SAGA Utility:
Payment for Chainlets: Developers pay $SAGA tokens to the network validators to instantiate and keep their Chainlets alive.
Staking: Stakers help secure the network and receive $SAGA tokens and the tokens of projects building on the Saga protocol as a reward.Governance: $SAGA token holders will be able to vote on network governance decisions.
Don’t fade on Saga, participate in the launchpool now 👇
Join SAGA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
III. SAGA Price Prediction & Our POV
Price Prediction
Total Supply: 1,000,000,000
Initial Supply: 90,000,000 (9% of total supply)
Recent Layer 1 & Infrastructure Project on Launchpool:
Considering all the information above, combined with all the achievements SAGA has got, $SAGA price could be around 4.5 - 6$, equal to the marketcap of around $400M - $600M on the listing date.
Our POV
The amount of airdropped tokens is 15.5% and only 1.5% can be unlocked on the listing date and vested every 1% each month, so we predict there will not be a strong dump force at the time of listing.
However, we suggest waiting until after the airdrop claimers have sold their tokens on the market before considering buying
→ In our view, setting buy orders within the range of 4.5$ - 5.5$ (based on our price prediction) seems reasonable.
Don’t fade on Saga, participate in the launchpool now 👇
Join SAGA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
#Saga Price and Growth Potential
BSCDaily
--
SAGA on Binance Launchpool - Price Prediction and Growth Potential!
2B+ $FUSD and 17M+ $BNB are being staked for $SAGA!
Why is it so hyped? Read this post and don’t miss your chance to invest in one of the biggest stories of this year!
#SAGALAUNCHPOOL
I. What is Saga?
How does it work?
Saga is a Layer 1 protocol that enables developers to create VM-agnostic, parallelized, and interoperable dedicated chains called Chainlets.
Each Chainlet shares the same validator set and security model as the Saga Mainnet.Key features of Chainlets include:
Infinite horizontal scalability: Applications can elastically scale to peak performance and speed.Costless transactions and predictable chain fees: Developers can choose various monetization models.Automation: Chainlets can be easily deployed using the Saga WebApp.Interoperability and fast bridging: Users can transfer assets between Chainlets and other ecosystems.Fully flexible stack: Developers have dedicated chains for optimal flexibility and customizability.
In essence, Saga empowers developers with a versatile and scalable blockchain solution.
Achievements
As of April 1, 2024, the Saga Innovator Program comprises 350 projects, with 80% focused on gaming. The remaining 10% involve NFTs and entertainment, while another 10% are related to DeFi.
In March 2024, Saga introduced Saga Origins, a game publishing division dedicated to launching innovative games. Saga has also partnered with several Layer 1 protocols, including Polygon, Avalanche, Celestia, MarbleX, and Com2uS, to enhance their infrastructure using Chainlets.
Fundraising
- Total Raised: $15 million
- Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment and Chorus One.
II. Launchpool & Token Information
SAGA Launchpool Details:
Token Name: Saga (SAGA)
Max Token Supply: 1,000,000,000 SAGA Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)Initial Circulating Supply: 90,000,000 SAGA (9% of max token supply)Smart Contract Details: Saga Security ChainFarming Period: 2024-04-05 00:00 (UTC) to 2024-04-08 23:59 (UTC).Supported Pools:
Stake BNB: 36,000,000 SAGA in rewards (80%) Stake FDUSD: 9,000,000 SAGA in rewards (20%)
$SAGA Utility:
Payment for Chainlets: Developers pay $SAGA tokens to the network validators to instantiate and keep their Chainlets alive.
Staking: Stakers help secure the network and receive $SAGA tokens and the tokens of projects building on the Saga protocol as a reward.Governance: $SAGA token holders will be able to vote on network governance decisions.
Don’t fade on Saga, participate in the launchpool now 👇
Join SAGA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
III. SAGA Price Prediction & Our POV
Price Prediction
Total Supply: 1,000,000,000
Initial Supply: 90,000,000 (9% of total supply)
Recent Layer 1 & Infrastructure Project on Launchpool:
Considering all the information above, combined with all the achievements SAGA has got, $SAGA price could be around 4.5 - 6$, equal to the marketcap of around $400M - $600M on the listing date.
Our POV
The amount of airdropped tokens is 15.5% and only 1.5% can be unlocked on the listing date and vested every 1% each month, so we predict there will not be a strong dump force at the time of listing.
However, we suggest waiting until after the airdrop claimers have sold their tokens on the market before considering buying
→ In our view, setting buy orders within the range of 4.5$ - 5.5$ (based on our price prediction) seems reasonable.
Don’t fade on Saga, participate in the launchpool now 👇
Join SAGA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
Why is it so hyped? Read this post and don’t miss your chance to invest in one of the biggest stories of this year!
#SAGALAUNCHPOOL
I. What is Saga?
How does it work?
Saga is a Layer 1 protocol that enables developers to create VM-agnostic, parallelized, and interoperable dedicated chains called Chainlets.
Each Chainlet shares the same validator set and security model as the Saga Mainnet.Key features of Chainlets include:
Infinite horizontal scalability: Applications can elastically scale to peak performance and speed.Costless transactions and predictable chain fees: Developers can choose various monetization models.Automation: Chainlets can be easily deployed using the Saga WebApp.Interoperability and fast bridging: Users can transfer assets between Chainlets and other ecosystems.Fully flexible stack: Developers have dedicated chains for optimal flexibility and customizability.
In essence, Saga empowers developers with a versatile and scalable blockchain solution.
Achievements
As of April 1, 2024, the Saga Innovator Program comprises 350 projects, with 80% focused on gaming. The remaining 10% involve NFTs and entertainment, while another 10% are related to DeFi.
In March 2024, Saga introduced Saga Origins, a game publishing division dedicated to launching innovative games. Saga has also partnered with several Layer 1 protocols, including Polygon, Avalanche, Celestia, MarbleX, and Com2uS, to enhance their infrastructure using Chainlets.
Fundraising
- Total Raised: $15 million
- Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment and Chorus One.
II. Launchpool & Token Information
SAGA Launchpool Details:
Token Name: Saga (SAGA)
Max Token Supply: 1,000,000,000 SAGA Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)Initial Circulating Supply: 90,000,000 SAGA (9% of max token supply)Smart Contract Details: Saga Security ChainFarming Period: 2024-04-05 00:00 (UTC) to 2024-04-08 23:59 (UTC).Supported Pools:
Stake BNB: 36,000,000 SAGA in rewards (80%) Stake FDUSD: 9,000,000 SAGA in rewards (20%)
$SAGA Utility:
Payment for Chainlets: Developers pay $SAGA tokens to the network validators to instantiate and keep their Chainlets alive.
Staking: Stakers help secure the network and receive $SAGA tokens and the tokens of projects building on the Saga protocol as a reward.Governance: $SAGA token holders will be able to vote on network governance decisions.
Don’t fade on Saga, participate in the launchpool now 👇
Join SAGA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
III. SAGA Price Prediction & Our POV
Price Prediction
Total Supply: 1,000,000,000
Initial Supply: 90,000,000 (9% of total supply)
Recent Layer 1 & Infrastructure Project on Launchpool:
Considering all the information above, combined with all the achievements SAGA has got, $SAGA price could be around 4.5 - 6$, equal to the marketcap of around $400M - $600M on the listing date.
Our POV
The amount of airdropped tokens is 15.5% and only 1.5% can be unlocked on the listing date and vested every 1% each month, so we predict there will not be a strong dump force at the time of listing.
However, we suggest waiting until after the airdrop claimers have sold their tokens on the market before considering buying
→ In our view, setting buy orders within the range of 4.5$ - 5.5$ (based on our price prediction) seems reasonable.
Don’t fade on Saga, participate in the launchpool now 👇
Join SAGA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
See original
#BSCDail
CryptoNinjas
--
Ethena ($ENA) Price Prediction Contest - Ethereum Daily
Predict the @ethena_labs's closed H1 candle price when listing on @binance on April 2nd to grab⤵️
🎁 Prize: $100 USDT for 5 members who have the closet prediction in the comment section before the snapshot time will get the reward (maximum deviation: 1$) 🤑
Rules✅
1. Like & RT this post
2. Like & Share the post on Binance Square: https://binance.com/en/square/post/6055579355146?ref=13616519&utm_campaign=web_square_share_link&utm_source=copylink
3. Drop your price prediction on this post with your username on Binance Square (i.e.: hello_bro123 - 4$).
📸 Snapshot time: 7 PM UTC, April 2nd⌛️
#ENALAUNCHPOOL
🎁 Prize: $100 USDT for 5 members who have the closet prediction in the comment section before the snapshot time will get the reward (maximum deviation: 1$) 🤑
Rules✅
1. Like & RT this post
2. Like & Share the post on Binance Square: https://binance.com/en/square/post/6055579355146?ref=13616519&utm_campaign=web_square_share_link&utm_source=copylink
3. Drop your price prediction on this post with your username on Binance Square (i.e.: hello_bro123 - 4$).
📸 Snapshot time: 7 PM UTC, April 2nd⌛️
#ENALAUNCHPOOL
@ETH_Daily
CryptoNinjas
--
Real World Assets meets Liquid Staking - @ethena_labs $ENA - $USDE
#Ethena Labs Spotlights
- $1.4B Total Value Locked
- Users: 104K
- $sUSDe APY 35.2%
- Total Raised: $20.5M - Led by @BinanceLabs @dragonfly_xyz @BlockTower @Delphi_Digital @lightspeedvp @GSR_io @wintermute_t @okx @mirana
- Partners: @MakerDAO @MorphoLabs @0xMantle @CeffuGlobal @ZircuitL2 @WhalesMarket @injective @MantaNetwork @redstone_defi @pendle_fi
#ENALAUNCHPOOL
#ETHENALAUNCHPOOL
1/ Ethena Overview
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure.
It is alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'.
🔹Permissionless Acquire USDe
🔹Direct Mint USDe
🔹Direct Redeem USDe
🔹Stake & Unstake USDe
2/ $ENA Price Prediction
- Total Supply: $15B
- Initial Supply: 1.425B
OTC Price on @WhalesMarket and @Bybit_Official Pre-market is 0.67$ - 0.7$ at $1 Billion Market Cap
$ENA price could be around $0.7 - 2$ at the listing ATH price and traded mostly around 1$ with a market cap of around $1B - $1.5B
3/ Ethena @binance Launchpool
Supported Pools:
🔹Stake BNB (webpage will be available in around 5 hours): 240,000,000 ENA in rewards (80%)
🔹Stake FDUSD (webpage will be available in around 5 hours): 60,000,000 ENA in rewards (20%)
⏰Farming Start: 2024-03-30 00:00 UTC
Join Ethena Binance Launchpool now
4/ Ethena Core Contributors
Deep experience across traditional finance and crypto-engineering including
- @CryptoHayes - Founding @BitMEX
- Ex-Cerberus - CEO of @ethena_labs Guy Yuong
- Heads Engineering of @wintermute_t
- Co-Heads of Quant - @GoldmanSachs @FlowTraders
- Head of Growth @LidoFinance @GoldmanSachs
- Head of Product - @tradeparadigm @DeribitExchange
5/ To read more of Ethena, Please visit
https://www.binance.com/en/support/announcement/introducing-ethena-ena-on-binance-launchpool-farm-ena-by-staking-bnb-and-fdusd-6c216f219f0e42adb1849759dee3fbd9
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
- $1.4B Total Value Locked
- Users: 104K
- $sUSDe APY 35.2%
- Total Raised: $20.5M - Led by @BinanceLabs @dragonfly_xyz @BlockTower @Delphi_Digital @lightspeedvp @GSR_io @wintermute_t @okx @mirana
- Partners: @MakerDAO @MorphoLabs @0xMantle @CeffuGlobal @ZircuitL2 @WhalesMarket @injective @MantaNetwork @redstone_defi @pendle_fi
#ENALAUNCHPOOL
#ETHENALAUNCHPOOL
1/ Ethena Overview
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure.
It is alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'.
🔹Permissionless Acquire USDe
🔹Direct Mint USDe
🔹Direct Redeem USDe
🔹Stake & Unstake USDe
2/ $ENA Price Prediction
- Total Supply: $15B
- Initial Supply: 1.425B
OTC Price on @WhalesMarket and @Bybit_Official Pre-market is 0.67$ - 0.7$ at $1 Billion Market Cap
$ENA price could be around $0.7 - 2$ at the listing ATH price and traded mostly around 1$ with a market cap of around $1B - $1.5B
3/ Ethena @binance Launchpool
Supported Pools:
🔹Stake BNB (webpage will be available in around 5 hours): 240,000,000 ENA in rewards (80%)
🔹Stake FDUSD (webpage will be available in around 5 hours): 60,000,000 ENA in rewards (20%)
⏰Farming Start: 2024-03-30 00:00 UTC
Join Ethena Binance Launchpool now
4/ Ethena Core Contributors
Deep experience across traditional finance and crypto-engineering including
- @CryptoHayes - Founding @BitMEX
- Ex-Cerberus - CEO of @ethena_labs Guy Yuong
- Heads Engineering of @wintermute_t
- Co-Heads of Quant - @GoldmanSachs @FlowTraders
- Head of Growth @LidoFinance @GoldmanSachs
- Head of Product - @tradeparadigm @DeribitExchange
5/ To read more of Ethena, Please visit
https://www.binance.com/en/support/announcement/introducing-ethena-ena-on-binance-launchpool-farm-ena-by-staking-bnb-and-fdusd-6c216f219f0e42adb1849759dee3fbd9
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
LaunchPool
BSCDaily
--
Ethena Analysis & Price prediction released
Still curious about the potential of Ethena - the 50th project on Binance Launchpool? We have released analysis about @ethena_labs potential growth and $ENA price prediction 🧐 Don't miss your chance, check now: https://t.co/eBkK2AvAce @binance #Ethena #binancelaunchpool
#ENALAUNCHPOOL
#ETHENALAUNCHPOOL
#ENALAUNCHPOOL
#ETHENALAUNCHPOOL
binance launchpool
BSCDaily
--
Ethena on Binance Launchpool - Price Prediction & Growth Potential!
Curious about the potential of Ethena? Read this post and don’t miss your chance to invest in one of the biggest stories of this year!
#ENALAUNCHPOOL
#ETHENALAUNCHPOOL
I. What is Ethena?
How does it work?
Ethena is a decentralized stablecoin solution with a novel model:
To minimize the risk of holding ETH and ETH liquid staking tokens as collateral, the project will establish a short ETH position on the CEX exchange with corresponding value to form the delta hedging strategy. The amount of ETH collected will be used as collateral for the stablecoin USDe. Users holding the locked version of this stablecoin, sUSDe, will both receive ETH staking interest and receive funding rate interest from the ETH short position.
Achievements:
$1.4B in Total Value LockedUsers: 104K$sUSDe APY: 35.2% (an extremely impressive APR)
Ethena’s USDe supply is now:
>1.5x larger than the entire tokenized treasury RWA market>3x larger than the entire onchain ETH open interest for every DEX combinedHigher than all stablecoins on Base, Blast, zkSync, Aptos and Starknet…combined.
Ethena also became the highest earning protocol in the industry in just 3 weeks, setting a new benchmark for DeFi interest rates, while growing the Reserve Fund to over $25m in a month.
Fundraising:
- Total Raised: $20.5M
- Led by Tier 1 investors: DragonFly Capital, Binance Labs, Delphi Digital, Wintermute, GSR, OKX, BlockTower, Lightspeed and Mirana Ventures.
II. Launchpool & Token Information
Token Name: Ethena (ENA)Launchpool Token Rewards: 300,000,000 ENA (2% of max token supply)Initial Circulating Supply: 1,425,000,000 ENA (9.5% of max token supply)Smart Contract Details: EthereumFarming Period: 2024-03-30 00:00 (UTC) to 2024-04-01 23:59 (UTC). (3 days)Supported Pools: Stake $BNB: 240,000,000 ENA in rewards (80%) Stake $FDUSD: 60,000,000 ENA in rewards (20%)
$ENA Utility: The primary role of the native Ethena token is granting access to governance votings regarding the protocol, including risk management frameworks, DEX integrations, USDe backing exposure, and more.
Don’t fade on Ethena, participate in the launchpool now 👇
Join ETHENA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
III. Ethena Price Prediction & Our POV
Price Prediction
Total Supply: $15BInitial Supply: $1.425B OTC Price on @WhalesMarket: 0.67$ - 0.7$ ~ $1 Billion Market Cap
Considering all the information above, $ENA price could be around $0.7 - 2$ at the listing ATH price and traded mostly around 0.7 - 1$ with market cap around $1B - $1.5B
POV
Pros:
Low Initial Market Cap / Fully Diluted Valuation (FDV) ratio (9.5%)Long cliff period of core team & investors (unlock at Q1/2025) - which shows high commitmentImpressive achievement with an extremely innovative stablecoin algorithmHuge support from Tier-1 investors High demand products and compelling stories.
Cons:
Delta Hedging technique can become double-edge sword History and bad reputation of Algo-Stablecoin concept (LUNA/UST)
Although containing some worth-considering cons, we believe with the competent tokenomics, high commitment and extremely innovative concept, Ethena can become one of the biggest stories of the year and surpass billions in the marketcap.
At the time of listing, we believe there will be just a slight dump due to the Ethena rules applying to the top 2000 wallets which are only able to claim 50% at the time of claiming, while the remaining will be subject to a 6 month vesting period. However, we suggest waiting until after the airdrop claimers have sold their tokens on the market before considering buying
→ In our view, setting buy orders within the range of $0.3 to $0.7 (based on our price prediction) seems reasonable.
Don’t fade on Ethena, participate in the launchpool now 👇
Join ETHENA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
#ENALAUNCHPOOL
#ETHENALAUNCHPOOL
I. What is Ethena?
How does it work?
Ethena is a decentralized stablecoin solution with a novel model:
To minimize the risk of holding ETH and ETH liquid staking tokens as collateral, the project will establish a short ETH position on the CEX exchange with corresponding value to form the delta hedging strategy. The amount of ETH collected will be used as collateral for the stablecoin USDe. Users holding the locked version of this stablecoin, sUSDe, will both receive ETH staking interest and receive funding rate interest from the ETH short position.
Achievements:
$1.4B in Total Value LockedUsers: 104K$sUSDe APY: 35.2% (an extremely impressive APR)
Ethena’s USDe supply is now:
>1.5x larger than the entire tokenized treasury RWA market>3x larger than the entire onchain ETH open interest for every DEX combinedHigher than all stablecoins on Base, Blast, zkSync, Aptos and Starknet…combined.
Ethena also became the highest earning protocol in the industry in just 3 weeks, setting a new benchmark for DeFi interest rates, while growing the Reserve Fund to over $25m in a month.
Fundraising:
- Total Raised: $20.5M
- Led by Tier 1 investors: DragonFly Capital, Binance Labs, Delphi Digital, Wintermute, GSR, OKX, BlockTower, Lightspeed and Mirana Ventures.
II. Launchpool & Token Information
Token Name: Ethena (ENA)Launchpool Token Rewards: 300,000,000 ENA (2% of max token supply)Initial Circulating Supply: 1,425,000,000 ENA (9.5% of max token supply)Smart Contract Details: EthereumFarming Period: 2024-03-30 00:00 (UTC) to 2024-04-01 23:59 (UTC). (3 days)Supported Pools: Stake $BNB: 240,000,000 ENA in rewards (80%) Stake $FDUSD: 60,000,000 ENA in rewards (20%)
$ENA Utility: The primary role of the native Ethena token is granting access to governance votings regarding the protocol, including risk management frameworks, DEX integrations, USDe backing exposure, and more.
Don’t fade on Ethena, participate in the launchpool now 👇
Join ETHENA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
III. Ethena Price Prediction & Our POV
Price Prediction
Total Supply: $15BInitial Supply: $1.425B OTC Price on @WhalesMarket: 0.67$ - 0.7$ ~ $1 Billion Market Cap
Considering all the information above, $ENA price could be around $0.7 - 2$ at the listing ATH price and traded mostly around 0.7 - 1$ with market cap around $1B - $1.5B
POV
Pros:
Low Initial Market Cap / Fully Diluted Valuation (FDV) ratio (9.5%)Long cliff period of core team & investors (unlock at Q1/2025) - which shows high commitmentImpressive achievement with an extremely innovative stablecoin algorithmHuge support from Tier-1 investors High demand products and compelling stories.
Cons:
Delta Hedging technique can become double-edge sword History and bad reputation of Algo-Stablecoin concept (LUNA/UST)
Although containing some worth-considering cons, we believe with the competent tokenomics, high commitment and extremely innovative concept, Ethena can become one of the biggest stories of the year and surpass billions in the marketcap.
At the time of listing, we believe there will be just a slight dump due to the Ethena rules applying to the top 2000 wallets which are only able to claim 50% at the time of claiming, while the remaining will be subject to a 6 month vesting period. However, we suggest waiting until after the airdrop claimers have sold their tokens on the market before considering buying
→ In our view, setting buy orders within the range of $0.3 to $0.7 (based on our price prediction) seems reasonable.
Don’t fade on Ethena, participate in the launchpool now 👇
Join ETHENA Launchpool Now
Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇
Trade Now With a Permanent 10% Reduced Fee
Happy Ramadan 🌌⭐🌙
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Ramadan Kareem 🌃🌃
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#Bitcoin(BTC) taking a dip below $70,000 USDT with a 3.25% decrease in the last 24 hours. It's a reminder that in the world of crypto, volatility is the norm. Keep a steady hand, stay informed, and remember: every setback is a setup for a comeback. 💼📉
$BTC #Bitcoin #CryptoMarket #HotTrends #BTC
$BTC #Bitcoin #CryptoMarket #HotTrends #BTC
➡️Under the Earn Section, Which one of the Following options you use the most?? ❓❔❓❓❔❔
#Write2Earn #TrendingTopic #PIXEL #tia #DYM
#Write2Earn #TrendingTopic #PIXEL #tia #DYM
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An inch of time is worth an inch of gold, but an inch of gold cannot buy an inch of time.
#Write2Earn #DYM #TrendingTopic #PYTH #sol
#Write2Earn #DYM #TrendingTopic #PYTH #sol
🥸Remember, every trade 📊 is an opportunity to learn, grow, and succeed ✅. Stay disciplined✔️, stay focused✔️, and never lose sight of your goals👀. Embrace the journey🏃, embrace the challenges🏋️, and let your determination fuel your success🧑💻. Your next big win is just around the corner! 💪💼 #TradingMotivation #SuccessMindset
#Write2Earn #DYM #TrendingTopic
#Write2Earn #DYM #TrendingTopic
need your support, so that I would continue to produce valuable content 👍 Open the Red Packet 🧧
#Write2Earn
Open 5$ USDT Red Packet 🧧🎁 to Support 👍 Code: BPEGH5L984
Open 5$ USDT Red Packet 🧧🎁 to Support 👍 Code: BPEGH5L984
#Write2Earn
Understanding #market #dynamics 📈📊
#AskPrice The price sellers are willing to accept.
#BidPrice The price buyers are willing to pay.
#Spread The difference between the ask and bid prices.
Knowing these terms helps navigate trading decisions effectively. #MarketInsights
Understanding #market #dynamics 📈📊
#AskPrice The price sellers are willing to accept.
#BidPrice The price buyers are willing to pay.
#Spread The difference between the ask and bid prices.
Knowing these terms helps navigate trading decisions effectively. #MarketInsights
#Write2Earn
Unveiling the Transformative Power of Cryptocurrency and Blockchain
#cryptocurreny and #blockchain redefine finance. #Bitcoin, a decentralized digital currency, offers transparent transactions. Blockchain, the underlying tech, ensures tamper-resistant ledgers, transforming various industries. This decentralized approach empowers individuals, providing financial access. As we navigate this digital frontier, the synergy of cryptocurrency and blockchain promises a future of secure, transparent, and accessible transactions.
Unveiling the Transformative Power of Cryptocurrency and Blockchain
#cryptocurreny and #blockchain redefine finance. #Bitcoin, a decentralized digital currency, offers transparent transactions. Blockchain, the underlying tech, ensures tamper-resistant ledgers, transforming various industries. This decentralized approach empowers individuals, providing financial access. As we navigate this digital frontier, the synergy of cryptocurrency and blockchain promises a future of secure, transparent, and accessible transactions.
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