Ethena's governance token will be listed on various centralized exchanges starting at 4:00 a.m. EST on Tuesday.
Synthetic dollar project Ethena has opened up airdrop claims for its governance token , the project announced on X. This will be 5% of the total 15 billion supply, with 750 million tokens distributed to eligible users.
The airdrop follows the "shard campaign," a reward program for early participants that allowed user participation through referral links. In February, it raised $14 million in a strategic funding round at a $300 million valuation. The round was co-led by Dragonfly and BitMEX founder Arthur Hayes' family office, Maelstrom.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next WeekKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Read more »
Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set To Go Live Next WeekOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Read more »
Ethena Labs exploited for $290k on Binance LaunchpoolThe exploit occurred hours after Ethena’s new ENA token was launched for farming on Binance.
Read more »
Stablecoin Project Ethena Labs Bags $4M for USDe TreasuryShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Read more »
Zircuit Staking Program Breaks $500M TVL And Adds Ethena IntegrationZircuit Staking Program Breaks $500M TVL And Adds Ethena Integration
Read more »
Arthur Hayes Clarifies: Ethena’s Yield Mechanism Unique from Terra’s Collapsed UST StablecoinCrypto Blog
Read more »