😱😱😱The largest recipient of the Ethena Labs airdrop received nearly $2 million worth of Ethena (ENA) tokens on April 2.
The #ethena Labs airdrop went live on April 2 Dec and $450 million worth of #ENA tokens were distributed among eligible wallets.
According to Ethena Labs' X post, the entire airdrop allocation was distributed by April 2 at 7:17 a.m. UTC.
“All 5% of the $ENA has already been distributed to demand smart contracts. The main contributors will work around the clock to support any questions related to the claimable $ENA.”
The Ethena token changed hands at $0.5824, down over 15% in the last 24 hours until 11:30 a.m. According to CoinMarketCap data, ENA is currently 110th with a market capitalization of $ 836 million. the largest cryptocurrency.
Ethena Labs launched the USDe synthetic dollar on the public mainnet on February 19. On March 8, it became the highest-earning decentralized application (DApp) in crypto, offering investors an annual return (APY) of 67%.
According to Ethena Labs' homepage, Ethena's USD currently offers a 35.4% return to more than 123,000 users and offers a locked-in total value (TVL) of $1.6 billion.
According to fashion show data, USD's market capitalization increased by 1.9% last week and by 135% last month to $1.58 billion.
The Ethena token was listed for farming in the Binance launch pool last week.
On March 29, there was widespread concern about the conversion of a fake, counterfeit ENA token worth $ 290,000 into BNB. The on-chain security firm PeckShield has confused the fake token with the real ENA coin. The real Ethena token has not been subjected to any abuse.
