Too Long; Didn't Read
I will explain why the US Federal Reserve (Fed), the US Treasury, and large politically connected US banks wish to destroy Tether. Second, I will go deep into Ethena. I will give a brief overview of how Ethena is constructed, how it maintains its USD peg and its risk factors. Finally, I will offer a valuation model for Ethena’s governance token.
@cryptohayes
Arthur Hayes
Arthur Hayes, Co-Founder of 100x
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