RT Gammichan (@gammichan)I think there's actually a good bull case for $ENA here.-Binance FUD-AAVE FUD-Supply FUD-Low yield FUD-USDe market cap FUDYet the chart structure looks great here.Also if you believe that the market is going to recover here (like I do) and that ETH will make new highs (like I do) then it follows that ETH funding will increase, thus increasing yield. Higher yields means USDe MC will increase as well as demand for that yield increases. You want buy ENA when yields are low and sell whe ...

RT Ethena Labs (@ethena_labs)For the first time in 6 months average funding across BTC and ETH has broken above baseline funding at 11%The last period we saw funding sustain above these levels in Q4 last year the supply of USDe increased 2.5x in 6 weeksData:https://t.co/wWTQKj2Qug https://t.co/0EUby7YrZD ...