$ENA

#ENAcoin #2025 #BullMarket2025 #BTC☀️ #Binance

ENA Coin and Its Functions

Recently, Ethena introduced their native token, $ENA.

The main purpose of this $ENA coin is to allow its holders to participate in governance votes related to the protocol. This includes decisions about risk management, DEX partnerships, USDe collateral exposure, and more.

Ethena made its debut as the 50th project on Binance Launchpool on March 29, 2024, with the intention of listing $ENA on April 2, across various trading pairs.