Ethena remains true to its original aspiration, maintaining its excellent tradition of doing whatever is hot.
First, it focused on stablecoins, then piggybacked on BlackRock's government bond token by claiming to be its partner. When Hype was trending, it launched an on-chain derivatives exchange. When RWA became popular, it planned to create its own RWA chain. When crypto stocks were hot, it created a shell stock and bought its own shares.
To be frank, there are not many projects this round with such a strategic determination and decisive execution, and it is NO.1.
Of course, everything is ultimately for selling tokens.
