Ethena Labs Launches $ENA Token and Expands USDe Stablecoin, Despite Controversy and Concerns

Apr 03, 2024

Ethena Labs has launched its governance token, $ENA, and expanded its stablecoin, USDe. The launch has received attention and praise, despite controversy surrounding a misleading press release and concerns about the protocol's flaws. The coin has gained significant market capitalization and is now ranked as the 80th most valuable cryptocurrency.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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