Summary
TLDR: Ethena is launching a new airdrop of its native token, ENA, after the success of its stablecoin USDe. The airdrop will commence on April 2, 2024, marking the decentralization of Ethena Protocol. Users can claim ENA through a secure process, with larger holders subject to vesting restrictions and smaller holders receiving full liquidity. The launch aims to empower the community and foster long-term engagement.
Key Points
1. Ethena is launching a new airdrop on April 2, 2024, introducing its native token, ENA, to its community as part of the decentralization of Ethena Protocol.
2. The distribution of 750 million ENA tokens will be based on the accumulation of “shards” over the last six weeks, with the top 2,000 wallets by shard count receiving 50% liquid immediately and the remaining 50% on a 6-month vesting schedule.
3. Users must claim their ENA tokens through the official claim site at claim.ethena.fi to ensure security and avoid phishing attempts. Ethena aims to foster a healthy, engaged, and long-term oriented community through the launch of ENA and careful tokenomics structuring.