Only one thing you need to take note in this case is that their backers are actually reputable and heavily knowledgeable when it comes to market sustainability in general — Coinbase Ventures, DragonFly, Arthur Hayes from BitMEX, etc. Safe to say this has far better staying power than Terra/Luna had because this can't really implode unless multiple exchanges blow up.

Yes it's definitely not bad and that's far better than most existing tokens whereas the circulating supply is only 10% of the total supply.

But then again, you're better off focusing on the use cases of protocols rather than the supply. Supply is just 1 thing you should be looking at — not something you should solely base your investment criteria on.

If you're asking if a certain investment is worth buying, maybe you don't know what you're buying in the first place for you to be able to decide for yourself?

But just to answer the question: I'm still buying, but with far smaller amounts now(bought since $20), because obviously growth potential is far smaller now.

Bruh a promise of releasing an airdrop isn't a promise of profit. Most if not all half-decent protocols literally don't "promise" profits because exploits exist, and they don't promise that an airdrop token will be worth something — because it's up to the traders/speculators (and the markets in general) what a token is worth.

And we're talking about the quotes you posted. Why are you changing the statements we're talking about lmao. Literally none of the quotes you posted earlier was about "promising profit" rather than just them saying they're going to release an airdrop in another part of the article.

Because people are farming points for the airdrop. This is totally irrelevant to the backing/sustainability of USDe. How is that relevant to the topic that USDe/Ethena is totally different from Terra/Luna technical-wise?

You literally can't even answer my questions, you're just doing ad-hominems. Just take the L — it's totally fine.

Scarcity only matters when your investment is a currency/SoV. Scarcity literally doesn't matter when talking about equity-like assets. What you should be looking for instead is circulating supply vs total supply and supply held be the VCs, not scarcity. Not every cryptocurrency's goal is to be like gold/money; most of them are pseudo-equity.

Those aren't even promises, those are literally what they've currently achieved lol. There's a huge difference between "achievements" and "promises".


The ENA token has literally ZERO thing to do with the sustainability of USDe; as the USDe is not backed by the ENA token. The ENA token is literally non-existent right now but yet the USDe token is $1. Their strategy is to have delta-neutrality with PERPs.

Bruh at least take a quick read of the docs before you criticize it.

Can you show us which parts are "full of promises"?

USDe is pretty freakin liquid because of their thick Curve pools. While I'm not saying that a de-pegging event isn't going to happen, but it'll take a lot more money than just a few people to dump and de-peg it.

Bruh that's the vesting schedule for the ENA token, not the USDe stablecoin lmao.

---

Note: I'm not even that bullish on Ethena, I'm just farming the airdrop.

Are you actually bullish on the use-case? Or are you just interested in it simply because of the low supply? Because if it's the latter, then you might not know what you're doing. Anyone can create a scarce, low supply cryptocurrency — but the majority of them can't figure out the demand side.

I'm not going to comment on the sustainability of it, but while it looks like Terra/Luna, it's definitely not like Terra/Luna when looking at the technicals. The APY is just high simply because of the open interest crypto has right now. (Ethena is delta neutral.)

As for the airdrop: I've been farming it, but knowing that the release is in like 4-5 days, not sure if it's worth farming today if you aren't yet.

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EDIT: For those who like farming airdrops, check out https://Paldo.io (You're welcome).

This has been discussed hundreds of times already throughout the interwebz. But on the top level, I'm pretty sure you'd agree that if you created a digital currency that rivals all country's currencies, you definitely wouldn't want to be found by the authorities.

I don't introduce people to crypto — as it's highly more likely that they mess things up than them ending up in profit.


You simply can't force everyone to properly do research and their own due diligence. Most people are simply not fit for bitcoin/crypto investing and/or investing in general.

Heads up: wag kayo gagamit ng VPN o TOR knowing na pwede namang palitan lang ung DNS, since pag gumamit ka ng TOR/VPN, iririsk mo pang ilock ng Binance ung account mo kasi baka akalain nilang hacker ung nagsusubok mag login. Sasakit lang ulo niyo.

Alternative sa mobile: download niyo ung app na 1.1.1.1

Not necessarily. Hindi ako pupusta, pero may maliit na chansa na ipa block ng gobyerno kay Binance ang mga Philippine-registered accounts(ung mga nagsubmit ng Philippine IDs sa KYC/AML). Kaya pag ako ung tatanungin iiwas muna ako magpasok ng pera sa Binance para lang sigurado.

Note: Kung hindi mo mai-access ang Binance website, di mo kailangan ng VPN — DNS settings lang oks na. Add mo lang sa DNS settings "1.1.1.1" or "8.8.8.8" para ma-bypass.

Pero siyempre, pag na access mo na ung Binance, para sigurado labas mo na ung pera mo.

I doubt the scale of memecoins Solana has would move to other chains. Yes, there will be pumps here and there in other L1s and L2s, but the majority of the activity will likely stay on Solana. Solana is the only chain other than BNB that has sustained very low transaction fees; whereas the likes of Base/etc have had spikes in fees.

You can already 'buy' stocks in crypto.

1. You can do so through PERPs/futures

2. You can do so through RWA truly-asset-backed stock protocols

I've known platforms for both that are actually available for use, but unfortunately, I forgot the names so I'll have to research them.

Most of your learning will be outside the forum, like it or not.


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters

1. This should be obvious.

2. I mean, bitcoin has been more attractive than gold since forever. Even without looking at price charts, concept-wise and in terms of characteristics, bitcoin has always been far superior.

3. Maybe, maybe not. I doubt, but not impossible.

I'm going to assume you know little to nothing about Bitcoin yet. If so:


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters

Unless you're affiliated with Nasdaq, which I totally doubt you are because why would they be advertising on a forum, then you're a scam/are shady. You have no business using the Nasdaq name unless you're affiliated with it.

Also: "AI meets blockchain"? LMAO.