Ethena has extended an invitation to holders of USDe to claim 750 million ENA tokens, or 5% of the total supply, as part of an airdrop.
The $1.3 billion yield-earning USDe is offered by Ethena Labs, the decentralised finance (DeFi) system, which is also the one that has launched claims for its new governance token (ENA).
Ethena asked holders of USDe to claim their portion of the 750 million ENA token airdrop, which amounts to 5% of the entire supply and is scheduled to list on centralised exchanges, in a post on X on Tuesday.
According to CoinGecko data, after the airdrop started, ENA increased by more than 8% to trade at about 64 cents, with a market valuation of about $500 million.
In a blog post from last week, Ethena announced that it will launch a campaign with fresh incentives for the next round of the airdrop.
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