Ethena (ENA) can be claimed again!
The claim page for $ENA is now live:
https://claim.ethena.fi
Contract addressοΌ0x57e114B691Db790C35207b2e685D4A43181e6061
ENA Airdrop and Season 2: Sats Campaign
Step-by-Step Guide:
- Visit the Ethena app page.
- Connect your Ethereum wallet.
- Accept the terms and continue to the dashboard.
- You will need any one of the stablecoins like USDT, USDC, DAI, FRAX, etc. You can get it from OKX with 20% trading fee rebate.
- Now go back to Ethena and click on βBuyβ.
- Swap your stablecoins for USDe (Ethenaβs synthetic dollar).
- Go to βStakeβ and stake some USDe.
- Also, provide some liquidity to some of the available pools.
- You will earn points in the form of shards for doing the above tasks.
- Also, earn 10% of the shards from each referral.
- They donβt have their own governance token yet but are very likely to launch one in the future, as it is backed by industry leaders such as Binance, Dragonfly, Wintermuter and more.
- Please note that there is no guarantee that they will launch their own token or do an airdrop to early users. Itβs only speculation.
Existing Season 1 Positions:
It is imperative that earliest users are rewarded, particularly those that contributed to the Ethena ecosystem in Season 1. With that in mind, Season 2 will have boosted rewards for early users, specifically:
A 20% boost in Sats earned for existing Season 1 positions in Season 2 when a user is:
a) not breaking any of the vesting conditions outlined in the recent post, or
b) adds any new USDe into the new incentive program on the same wallet
In short, if a user is locked into a Season 1 position and simply takes no action, they will be eligible for boosted rewards in Season 2, specifically:
Lock USDe = 20x Sats per day vs 10x Shards
LP Curve USDe = 25x Sats per day vs 15x Shards
Deposit USDe on Morpho/ Gearbox/ Other = 20x Sats per day vs 10x Shards
Ethena (ENA) on Binance Launchpool! Farm ENA by Staking BNB and FDUSD
Binance οΌSign up with 20% trading fee rebateοΌ is excited to announce the 50th project on Binance Launchpool - Ethena (ENA), a synthetic dollar protocol. The webpage is estimated to be available in 5 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm ENA tokens over three days, with farming starting from 2024-03-30 00:00 (UTC).
Ethena will airdrop ENA tokens to users on April 2
Below is the vesting schedule for ENA with a total supply of 15 billion:
Overview of Ethena
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated savings instrument - the βInternet Bondβ. Ethenaβs synthetic dollar, USDe, will provide the first censorship resistant, scalable and stable crypto-native solution for money achieved by delta-hedging staked Ethereum collateral. USDe will be fully backed transparently onchain and free to compose throughout DeFi.
Ethena has raised $14M in funding with backing from investors like Binance, Dragonfly, and Wintermute. They donβt have their own token except their own stablecoin USDe. Theyβve launched a points system in the form of shards. Users who mint, provide liquidity and stake USDe will earn shards. Also, earn more shards for each referral. Users who collect shards may get an airdrop if they plan to launch their own governance token.