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What is the issuance price and issuance volume of Ethena (ENA) currency?
In 2018, the ENA token was introduced through an ICO, raising $14 million with an issuance price of $0.10 for each token, totaling 100 million tokens issued and disbursed among the public, the Ethena team, and the Ethena Foundation.
Dec 07, 2024 at 07:18 pm
What Is the Issuance Price and Issuance Volume of Ethena (ENA) Currency?
Ethena (ENA) is a decentralized, open-source blockchain platform that aims to create a more efficient and transparent supply chain ecosystem. The ENA token is the native cryptocurrency of the Ethena platform and is used to power its decentralized applications (dApps).
1. Issuance Price of ENA Currency
The ENA token was issued through an initial coin offering (ICO) in 2018. The ICO raised a total of $14 million, with each ENA token sold for $0.10.
2. Issuance Volume of ENA Currency
A total of 100 million ENA tokens were issued during the ICO. Of these tokens, 50% were sold to the public, 25% were reserved for the Ethena team and advisors, and 25% were allocated to the Ethena Foundation.
Additional Information
In addition to the ICO, ENA tokens have also been distributed through various other means, such as airdrops, rewards, and partnerships. As of January 2023, the total circulating supply of ENA tokens is approximately 60 million.
The ENA token is currently listed on several cryptocurrency exchanges, including Binance, Huobi, and KuCoin. The price of ENA has fluctuated significantly since its ICO, reaching a peak of $0.45 in May 2021. As of January 2023, the price of ENA is approximately $0.05.
The Ethena platform is still under development, but it has already been used to create a number of dApps, including a decentralized marketplace, a supply chain management system, and a digital identity platform. The Ethena team is also working on developing a number of new features for the platform, such as a decentralized exchange and a cross-chain bridge.
ENA is a promising cryptocurrency with a strong team and a clear roadmap. The Ethena platform has the potential to revolutionize the supply chain ecosystem, and the ENA token is expected to play a key role in its success.
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