Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week
Powered by @unfolded- DeFi protocol Ethena plans to debut its governance token by airdropping 750 million ENA tokens to users on April 2.
- Users can qualify for the airdrop by earning "shards" through a campaign that ends on April 1.
- Those who unstake, unlock, or sell all their USDe tokens before April 1 will not be eligible for the airdrop.
- Ethena's USDe token has grown from $85 million to $1.3 billion this year, driven by its high yield and anticipation of the airdrop.