Mantle, the Ethereum Layer 2 network that boasts crypto’s largest liquid treasury and nearly $900 million in total value locked (TVL), has unveiled a rewards portal that enables MNT holders to earn Ethena points, called Shards.

By locking MNT through the new Rewards Station, users can earn a share of 2.5 billion Ethena Shards from the Mantle treasury that will be distributed over the next month.

Ethena is the issuer of USDe, a synthetic dollar token backed by Ethereum liquid staking tokens hedged with short futures positions on centralized exchanges. Since launching last month, the project has amassed over $1.3 billion in TVL, although concerns have been raised regarding the sustainability of its current 30% yield.