$ENA bull case - stablecoin narrative - eth/defi narrative (eth beta) - buybacks of token - safe & decent yield as rates get cut - stablecoinX treasury stock buying ena —> consider how hard tradfi aped circle
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Guy
Guy8 aug., 10:07
What happens to $ENA and $USDe if $ETH perp funding pays longers for an extended period… I’m probably missing something… wouldn’t that cause a death spiral
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