$ENA

The currency $ENA is the specific token of the Ethena platform, which is a decentralized financial protocol aimed at providing digital alternatives to traditional dollars without the need for banks or intermediaries. The system relies on a stablecoin called USDe, which is generated through the use of Ethereum and financial derivatives. Ethena has distinguished itself with its rapid growth in the decentralized finance space, garnering significant attention due to its attractive yields and unique economic model. The currency $ENA was launched to serve as a governance tool for the community, used for voting and making development decisions. The project is supported by major companies such as Binance Labs and Dragonfly. With the increasing interest in stablecoins, it is expected to play a larger role in the future.