Silent Symphony
Well-known member
Ethena (ENA) has entered the stablecoin landscape with a novel approach to price stability, using both algorithmic and collateral-backed mechanisms. Compared to USDT and USDC, its hybrid model aims to balance scalability and resilience, particularly in volatile markets. While adoption is growing on DeFi platforms, there’s ongoing debate about its resilience under stress events (e.g., liquidity crunches or regulatory shocks).
Are you integrating ENA into your stablecoin strategies, and how do you see its risk profile compared to legacy stablecoins?
Are you integrating ENA into your stablecoin strategies, and how do you see its risk profile compared to legacy stablecoins?