$ENA Ethena, a stablecoin project led by Arthur Hayes

Detailed distribution plan for $ENA

The total supply of ENA is 15 billion, and the initial circulation is 1.425 billion. This airdrop of 5% of the total supply means that 750 million tokens will be issued to users.

In terms of token economy, core contributors and ecological development account for the largest share, each accounting for 30% of the total supply, while the remaining investors and foundations account for 25% and 15% of the total supply respectively. The official also announced that the second season incentive activity "SatsCampaign" will be launched on April 2.

It is worth noting that the first 2,000 wallets with the most fragments can only immediately receive 50% of the $ENA allocated to them on April 2, and the remaining 50% will be released linearly in the next 6 months.

The official also stated that all USDe and sUSDe holders can also accumulate the second quarter Sats rewards, which will be displayed to users on the web UI the day after the airdrop begins, and will be used as the basis for receiving the next wave of airdrops.

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Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.

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