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Ethena Announces 750 Million ENA Airdrop Ethena is joining the ranks of decentralized finance protocols that organize airdrops for their users. The protocol, which seeks to build a decentralized finance bond system outside the banking system and produce a dollar-pegged synthetic token, announced the launch of its governance token ENA. The allocation of 750 million ENA, constituting 5% of the total supply, will be made according to each user’s activity in the protocol. This will be determined by the number of shards received by each user during the previous 6-week shard campaign. While small holders will receive their ENA airdrop without vesting, the 2000 largest wallets holding ENA will receive only half of their allocation on the day of the airdrop. The other half will be distributed in a 6 month vesting period subject to the users holding at least the same amount of USDE, Ethena’s synthetic dollar, as they did when the airdrop snapshot was taken. #ENALAUNCHPOOL #ENA #ENA/USDT
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Block halving events happen every 4 years or 210,000 blocks on Bitcoin blockchain. Bitcoin's initial block reward was 50 BTC. The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin's code.. #btc #binance #bnb
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What is a Bitcoin block halving event? Block halving events happen every 4 years or 210,000 blocks on Bitcoin blockchain. Bitcoin's initial block reward was 50 BTC. The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin's code. Why was this done? Conventional FIAT currencies allow governments or banks to print money and cause inflation. In Bitcoin's case, the total supply will be maxed out at 21,000,000 BTC. Printing extra money causes inflation, if there is no extra money printed, the value of the Bitcoin should increase as the demand will rise (more people will start to use Bitcoin) and supply will lower or stay flat (no more Bitcoins are "printed"). This makes Bitcoin similar to gold, which has limited supply and cannot be "printed" or artificially created. #BinanceSquare #Binance #BTC
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Tell Me about #BNB , what do you think about BNB? My Opinion BNB 500$-2024
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