AMA on X

ENA Coin is on the rise as Ethena Labs increases staking rewards Ethena Labs is a decentralized finance (DeFi) protocol behind the yield-earning USDe stablecoin. In a recent development, it announced "Season 2", which includes a 50% increase in rewards for a portion of users. As of April 8, users will be able to lock ENA for at least seven days. Users who lock 50% or more of their ENA, compared to their USDe balance, will receive a 50% reward boost. Following this, its native token, ENA Coin, rallied 15% from its lows. The token is currently trading at $1.26 after debuting at $0.64 last week #ContentStar# #BountyCreator# #HotTopicDiscussion# #GateioBountyCreator#

Pendle (PENDLE) The price of Pendle Finance (PENDLE) has seen a notable rise in recent days. It is in the spotlight next week due to the significant price increase. The token has gained 55% in the last seven days. Thus, it stood out as one of the hottest cryptocurrencies on the market. This increase is in line with significant growth in other key metrics on the platform. Notably, DeFiLlama data shows that Pendle's total value locked has reached $4.116 billion. This represents an impressive growth of over 1,600% in 2024 alone. As such, Pendle solidifies its position as one of the largest DeFi yield protocols. It is possible to attribute this increase in value to several factors, including the resurgence boom in Ethereum (ETH) and the increased trading of yield tokens related to Ethena's synthetic Dollar, USDe. The price increase has also earned the token praise from industry influencers. Arthur Hayes expressed his admiration for the project. Furthermore, he described it as "the future of decentralized finance." At the time of writing, PENDLE was trading at $7.18, an increase of almost 30% in the last 24 hours. #ContentStar# #HotTopicDiscussion# #GateioBountyCreator#

📝#Crypto 101# - Ethena (ENA) 📌 Ethena is a synthetic dollar protocol. The synthetic dollar USDe keeps stable by delta-hedging staked Ethereum collateral. 👇 Explore more about $ENA from the image below. Trade: https://www.gate.io/trade/ENA_USDT

🚀 #Trending Coin# - Ethena (ENA) 🔥 Ethena, a USDe-based synthetic dollar protocol, with a $ENA surge above $1.4, marking a 20% increase in 24 hours, hitting a record high. ❓Why is it so hot? Let's take a look at the chart below!👇 📈 Trade now: https://www.gate.io/trade/ENA_USDT

🗣 JUST IN: Ethena Labs, the Ethereum-based DeFi protocol aiming to provide “Internet native yield,” has added Bitcoin as collateral for its synthetic dollar-pegged product, USDe.🤔 😳 Please don't forget to comment and like because I do the same.🤔😊 #Gate Post Highlights##NewYear2024##ContentStar##比特币##BountyCreator##HotTopicDiscussion##GateioBountyCreator##Crypto #