$luna and $ena are two different systems. usde has a lot of collateral behind it, mainly printing stablecoins through delta neutrality and earning yields from the state of the market. ust is backed by luna, which does not hold any external collateral, printing stablecoins through the launchpad of luna. the core difference is not in the yields, but in the system objectives.

$luna and $ena are two different systems. usde has a lot of collateral behind it, which is mainly used to print stablecoins through delta neutrality and earn yields based on market conditions. ust on the other hand, is backed by luna, which doesn't hold any external collateral. it prints stablecoins by rallying luna prices. the core difference is not in the yield, but in the objectives of the systems.

$luna和$ena是两个不同的系统。usde背后有很多抵押物，主要通过delta中性来印刷稳定币，收益率的来源于市场行情状态。ust背后是luna，不持有外源的抵押物，通过拉盘luna来印刷稳定币。核心的区别不在于收益率，而在于两个系统的目标。