@makintosh2000

$ena all sold, switched to $pendle on the spot Feels like $ena can still rise, but the odds aren't as good as $pendle Stablecoin wars, the era of subsidies and land grabs Everyone's burning cash Only $pendle is making money previouos conclusions: "Although there are many shells in the crypto stock space But @ethena_labs (#ENA)'s shell has the most beautiful structure One is that it uses a SPAC structure to ensure the balance sheet is sufficiently clean, although the trade-off is that it takes more time. Even so, investor enthusiasm is still very high, which shows everyone's recognition of the fundamentals and structure On the other hand, the SPAC structure gives the company space for a good corporate governance framework What sets it apart from other crypto stocks is STABLECOINX (USDE) won't dilute the company's control along with stock issuances, which shows the team's long-term determination On the other hand, the company has clearly stated that it will use protocol revenue for buybacks"

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