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

Source: CoinOtag