Exchyne
172 posts

Exchyne
@Exchyne
Don`t think too hard, just make it simple







Every time Bitcoin rejects this line, it dumps 70% What if that’s happening again now? Hope you are ready for $BTC at $40,000








Ethena, $3.36B FDV (USDe) FLY, $4.56M FDV (FLYBNB) $FLY is basically $ENA, but for @BNBCHAIN & #BNB Ethena takes an asset people already use and trust, keep it 1:1, keep it familiar, and make it earn yield on the background USDe did not replace stablecoins. It made them earn yield while holding them, using them or trading them FLYBNB does the same thing for BNB BNB is already the base asset for trading on @BNBCHAIN. Billions sit idle in wallets, liquidity pools, and terminals every day FLYBNB keeps BNB fully usable while earning yield in the background. 1:1 with BNB, liquid at all times, tradable everywhere, no change in UX & $FLY is the $ENA in this protocol (@flyfndn) Structurally, Fly is in the same category as Ethena $ENA priced the yield on top of stables $FLY prices the yield on top of #BNB As adoption grows, value accrues to the governance token (FLY/ENA) This is not a question of if it works, it already does in different markets Also, USDe yield comes from funding rates and basis trades and currently sits around 6% APY depending on market conditions, and was once 12% APY, supported on @binance trading #BNB already has native yield sources that are arguably safer: @lista_dao yield from @binance Launchpools and @BNBCHAIN validator rewards. FLYBNB simply aggregates and routes that yield while keeping BNB fully liquid and tradable, always 1:1 The only question left is how fast the @BNBCHAIN ecosystem adopts it

UPDATE 🚨 BLACKROCK HAVE JUST FILED FOR A STAKED $ASTER ETF!





