Stablecoins hold the key to mainstream crypto adoption, but the stablecoin trilemma remains unsolved.
Ethena's groundbreaking synthetic stablecoin aims to crack the code, tapping into a $1 trillion market opportunity.
Here's your full deep dive + project scorecard for ENA.🧵
Here's what we'll cover:
Overview
Use Case
Adoption
Revenue
Tokenomics
Treasury
Governance
Team & Investors
Competitors
Risks & Audits
Summary
Note: I am NOT an advisor or ambassador of Ethena.
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