Ethena Labs is the creator of USDe, a synthetic dollar protocol built on Ethereum. The project addresses the need for a stable and scalable form of currency within the crypto-native space, independent of traditional banking systems.
ENA is the native utility token of Ethena and is used for the following purposes:
- Governance: ENA token holders can vote on protocol governance decisions
As of March 29, 2024, the total supply of ENA is 150,000,000,000, with an initial circulating supply at listing of 1,425,000,000 (approximately 9.5% of the total token supply).
Key Metrics: (as of March 29, 2024)
Token Distribution
Token Issuance Schedule
Project References
Project Research Report:
https://www.binance.com/en/research/projects/ethenaWhitepaper:
https://ethena-labs.gitbook.io/ethena-labsOfficial Website:
https://www.ethena.fi/Official Twitter:
https://twitter.com/ethena_labs
Register on Binance: https://accounts.binance.com/en/register?ref=H9QR216I
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