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CoinOtag 2024-06-19 19:08:41

Ethena Labs Revamps ENA Tokenomics to Enhance Utility and Drive Adoption

Ethena Labs, a developer of synthetic dollar protocols, is revising the tokenomics of its native token, ENA, to enhance its utility within the ecosystem. The company’s primary objective is to provide a crypto-native solution for currency through its synthetic dollar, USDe, circumventing the need for traditional banking systems. Ethena offers an innovative financial instrument known

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