#ENA Ethena is a decentralized stablecoin protocol that mints USDe by constructing delta-neutral positions of assets such as Bitcoin and Ethereum, utilizing staking yields and funding rate arbitrage to generate returns. Ethena (ENA) is the native token of the synthetic dollar stablecoin USDe protocol, which has governance functions and ecological application attributes.
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#ENA Ethena is a decentralized stablecoin protocol that mints USDe by constructing delta-neutral positions of assets such as Bitcoin and Ethereum, utilizing staking yields and funding rate arbitrage to generate returns. Ethena (ENA) is the native token of the synthetic dollar stablecoin USDe protocol, which has governance functions and ecological application attributes.