📢Ethena confirms airdrop of 750 million ENA tokens✋🏿

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😱The USD synthetic protocol Ethena confirms the airdrop of 750 million ENA tokens for the community on April 2nd

Ethena Labs announced that it will distribute a reward of 750 million ENA tokens to holders of shards. The Shard Campaign reward program has been running since February and will end on April 1st. The project took a snapshot on March 26th.

Users can request to claim the airdrop starting from April 2nd. The claiming portal will remain open for 30 days. Any tokens unclaimed by recipients will be redistributed to the community.

To ensure fairness between users and "whales," Ethena has decided to lock 50% of the tokens for the top 2,000 wallets with the highest shard scores, gradually unlocking them over six months. Additionally, the project requires users to hold and lock USDe, maintaining a minimum balance equal to the snapshot taken on March 26th to be eligible for the airdrop on April 2nd.

Tokens for the development team and investors will begin unlocking from Q1 2025.

Ethena will continue its Phase 2 reward program from April 2nd to September 2nd, encouraging users to use BTC as collateral for the stablecoin USDe. The program may end early if the total supply of USDe reaches $5 billion. Participants will receive rewards similar to the Shard Campaign.

Ethena Labs is the issuer of the decentralized stablecoin USDe collateralized by ETH. The project provides a cryptocurrency investment solution independent of traditional banking infrastructure and global USD savings tools like "Internet Bond."

Ethena has become one of the largest decentralized stablecoins with a market capitalization of over $1.3 billion just six weeks after launching the Shard Campaign. Ethena successfully raised $20 million in funding, valuing the project at $300 million

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