I just saw the news of Coinbase's launch of ENA today. I have talked a lot with Kimi before, and he told me the logic of ENA when he started to heavily invest in it. My understanding of ENA also started from Kimi, and I also invested in some ENA. It is true that the trend was not good recently, and I hope that with the improvement of BTC prices, ENA can also have some improvement. Indeed, arbitrage of capital rates is still a good way.