Is Ethena the next big thing in cryptocurrency? Explored!
and some of the interesting um protocols that we’re getting like a lot of attention here and we’ve talked about this in a write up but like Athena um there’s all sorts of talk here that you know this is the new stable coin to watch like this is still like a relatively small market cap it’s not in the top 100 yet I don’t believe um but really interesting protocol like there was heaps of chatter about this obviously backed by Arthur Hayes as well but essentially what they’re doing is they take you long and short at the same time and the yield that’s generated is the stable coin um and there was a lot of early chat that you know is this just going to be another Terror but it is a completely different mechanism and um I would watch this one this one is this one’s going to be big like this will be big that that usde is going to be you know a very it’s going to become a very very uh prominent stable coin in the space
Is Ethena the next big thing in cryptocurrency? Explored!
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