Convert 2 ENA to USD today

Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'.

Ethena's synthetic dollar, USDe, will provide the first censorship resistant, scalable and stable crypto-native solution for money achieved by delta-hedging staked Ethereum collateral. USDe will be fully backed transparently onchain and free to compose throughout DeFi.

ENA is a native coin of the Ethena ecosystem, operating on Ethereum according to ERC20 standard. ENA token holders can vote on protocol governance decisions.

• General risk management policy, directly related to the stability and safety of the entire system.
• Suggestions for improving and developing USDe.
• Community grants, an important source of funding to encourage and support the development of the Ethena ecosystem.
• New products and features to promote innovation and expansion of the entire Ethena system.

Specifications

• Name: Ethena
• Symbol: ENA
• Platform: Ethereum
• Standard: ERC20
• Type: Governance
• Smart Contract Address: 0x57e114B691Db790C35207b2e685D4A43181e6061