Top Ethena Secrets
Top Ethena Secrets
Blog Article
World-wide Economic Obtain: Ethena provides a way for folks in areas with unstable banking systems to access a reliable, dollar-denominated asset that doesn’t depend upon area banking institutions.
The price of Ethena (ENA) is calculated in actual-time by aggregating the most up-to-date information across seventy two exchanges and 108 marketplaces, employing a world quantity-weighted average method. Learn more about how copyright prices are calculated on CoinGecko.
Kava is really a decentralized blockchain that mixes the speed and interoperability of Cosmos While using the developer energy of Ethereum.
Ethena Labs, developer from the decentralized stablecoin protocol Ethena, is focusing on a fresh stablecoin backed by a tokenized fund from BlackRock.
This type of trade, in concept, is directionally neutral and earns cash from funding payouts instead of the fundamental asset’s rate movement.
“While new stablecoin experiments are welcome, there are various components to Ethena that may probable be challenged, Particularly about its chance administration,” Doo Wan Nam, founding father of governance research company Secure Lab, mentioned in a very Telegram chat.
Market Cap / TVL Ratio Ratio of current market capitalization above total benefit locked of this asset. A ratio of a lot more than 1.0 refers to its industry cap being larger than its complete price locked.
By signing up, you are going to acquire e-mails about CoinDesk merchandise and you also agree to our phrases of use and privacy coverage.
sENA holders should be able to vote right on ENA tokenomics proposals and any proposals about ENA particularly.
A permissionless and non-custodial lending Ethena protocol in which end users can earn interest on above-collateralized lending and borrow digital assets making use of immutable infrastructure.
Ethena’s delta-hedging process can be a important differentiator. By opening short positions on assets like ETH and BTC, Ethena guards the worth of USDe from fluctuations inside the copyright markets.
In this particular framework, $ENA governance tokenholders are able to delegate each day conclusion-creating with respect to critical elements of the ecosystem to classy, qualified-level stakeholders - nearly all of whom present advisory and similar solutions to other initiatives and protocols from the field - although retaining transparency through the procedure.
“There's a crystal clear demand from customers in copyright to go long with leverage. Deep swimming pools of money are unwilling to lend the capital around the limited facet of that lengthy leverage,” he mentioned. “Detrimental funding costs certainly are a attribute, as opposed to a bug in the program. USDe has become constructed with damaging funding in mind.
Ethena’s World-wide-web Bond makes it possible for users to receive yield on their own USDe holdings. By staking USDe, users can lock of their resources and make staking rewards, supplying a steady and safe way to save and increase their wealth.