Binance's new coin mining launches the 50th project Ethena (ENA), which can be mined using BNB and FDUSD

ChainCatcher news, according to the official announcement, Binance's new coin mining has launched the 50th project Ethena (ENA). This project is building a derivatives infrastructure that enables Ethereum to transform into a global internet bond through Delta neutral positions on stETH, thereby creating the first crypto-native, yield-bearing stablecoin: USDE.

Users can contribute BNB and FDUSD to the ENA mining pool on the Launchpad website after 08:00 (UTC+8) on March 30, 2024, to earn ENA rewards. The ENA mining will last for a total of 3 days. The website is expected to be updated about five hours before the mining activity opens following this announcement.

Binance will list Ethena (ENA) at 16:00 (UTC+8) on April 2, 2024, and will open trading markets for ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY, subject to seed tag trading rules.