Why did I take the @ethena_labs badge?
Because what they're building actually makes sense.
I've been watching what they're doing in the space for a while now. The execution has been solid with a clear PMF. Getting the badge is just a recognition of that and I appreciate it.
‣ 10+ stablecoins are already backed by USDe and USDtb, more coming
‣ Ethena went from issuing stablecoins to becoming a full platform
‣ Partners keep most of the earnings, Ethena takes a small protocol fee
They're not just making a stablecoin. They're building the infra layer.

projects that build a complete infra is strong af and tend to last longer
They’ve been in the space for a while
btw congrats on the badge bro, love it
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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