Category: NFT News

Ethena Labs Announces Airdrop Date of Native Token ENA

By Published On: March 28, 20242.3 min readViews: 1180 Comments on Ethena Labs Announces Airdrop Date of Native Token ENA

Starting April 2, 750 million ENA or 5% of the total supply, will get airdropped.

Synthetic stablecoin startup Ethena Labs has announced it is one step closer to the holy grail of internet money.

After six weeks of Ethena’s “Shard Campaign,” or points system, which saw the total supply of its stablecoin, USDe, balloon to $1.3 billion, the ecosystem is ready to begin distributing its second native token, tickered ENA.

Launching the ENA token, according to the team, marks the beginning of the decentralization of the Ethena protocol.

Beginning April 2, ENA will be eligible for claim on the project’s official claim website, as centralized exchanges get ready for listing. On this date, the project will distribute 750 million ENA, or 5% of the total 15 billion supply.