Bitgate Ethena (ENA), an Ethereum-based synthetic dollar protocol, lists on Launchpool.
Victoria, Seychelles, April 1, 2024, Chainwire
Bitgate, the world's leading cryptocurrency exchange and Web3 company, announced the listing of the Athena (ENA) token, the management token of Athena, a protocol for synthetic crypto-native dollars. The token is available on Launchpool, users can earn BGB and USDT to farm ENN.
As a synthetic dollar protocol on Ethereum, Athena provides a crypto-native solution to money without relying on traditional banking system infrastructure. Ethena's synthetic dollar, called USD, is the first censorship-resistant, scalable, and stable Ethereum security powered by Delta Hedge. USDe is fully on-chain and free to write throughout DeFi. USDe peg stability is ensured by using delta hedge derivatives on protocol-related holdings.
At launch, Athena users will be able to access external AMM pools to buy or sell USDe with Stablecoin collateral such as USDT or USDC. The USDe-backed mechanism enables the first “internet bond” to be backed by the dollar, providing a crypto-native, yield-based, dollar-denominated savings instrument derived from Ethereum's returns. and futures markets.
Bitget Launchpool allows users to share tokens on user-friendly terms and conditions. By depositing BGB or other coins into Launchpool, users have the chance to earn free airdrops, earnings and a huge prize pool. The estimated ROI is available to view on the Launchpool page as Bitget Wallet leverages assets held by Bitget Wallet into the wider DeFi ecosystem.
Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. Focusing on providing users with opportunities to invest in popular and valuable projects, the platform is now one of the top 10 trading platforms in the crypto space with over 700 coins and 800 pairs, including the trending DeFi sectors. In 2023 alone, the platform added more than 350 new listings, showing users more investment options. Meanwhile, Bitget Wallet supports more than 100 major networks and 250,000+ tokens. The on-chain trading functionality of Bitget Swap enables cross-chain trading between nearly 30 major networks.
To participate in the Athena Launchpool, visit –
About Bitget
In the year Founded in 2018, Bitgate is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, Bitgate Exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. BitGate Wallet, formerly known as BitCap, is a world-class multi-chain crypto wallet that offers a number of comprehensive Web3 solutions and features including wallet functionality, swaps, NFT marketplace, DApp browser and more. BitGate works with trusted partners, including the famous Argentinian soccer player Lionel Messi and official eSports events organizer PGL, to inspire individuals to embrace crypto.
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