I just saw that @ cmdefi also wrote ENA and realized that as a DEFI veteran, he feels exactly the same as me. The reason for writing a post specifically for @ ethena_1abs is that its mechanism is largely a reflection of market frenzy, and can be considered a slightly lagging market thermometer/barometer. This means that: The DEFI machine has been oiled and seems to be starting to rumble. If people used to think that the rise of BTC and ETH was just a cramming of the capital market and did not have any bullish feeling, then now is the first time in the past half year that DEFI has shown signs of a serious launch. I hope it can continue