ENAUSDT
Ethena/Tether·Spot·BINANCE
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Key Stats
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About ENA
YZi Labs Portfolio
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Ethena (ENA) backs the USDe synthetic dollar using delta-neutral ETH basis trades and stETH collateral. ENA governs risk parameters, insurance fund and fee rebates. 15 bn max supply vested over 4 yrs; 5% airdropped in April 2024. Revenue comes from funding-rate yields and validator rewards[Binance Research][CoinMarketCap ENA].
Frequently Asked Questions
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