Ethena ($ENA) is a synthetic dollar protocol on Ethereum that offers a crypto-native solution for stable money, backed by crypto assets and short futures positions, and includes a globally accessible dollar-denominated rewards instrument called the “Internet Bond”. Their season 2 airdrop can now be claimed and season 3 has just started! Here is our Ethena ($ENA) token airdrop guide.
Check out our step by step guide:
What is Ethena ($ENA)
Ethena ($ENA) is a crypto platform on Ethereum that creates a synthetic dollar called USDe, backed by crypto assets and futures, offering a stable, crypto-native alternative to traditional banking. Here are Ethena’s ($ENA) main features:
- Synthetic Dollar Protocol: Ethena’s USDe is a synthetic dollar backed by crypto assets and short futures positions, unlike traditional fiat stablecoins.
- Peg Stability: USDe maintains stability through delta hedging derivatives against protocol-held collateral.
- Internet Bond: Combines revenue from staked assets and funding spreads from perpetual and futures markets to create a crypto-native solution for money.
- Crypto-Native Solution: Provides a scalable, fully-backed solution for money without relying on traditional banking infrastructure.
How to claim the Ethena ($ENA) season 2 token airdrop?
The Ethena ($ENA) season 2 token airdrop is available to claim until 30th September 2024. Here is how to claim the Ethena ($ENA) season 2 airdrop:
- Connect your wallet to Ethena ($ENA) airdrop token claim page HERE.
- Claim your Ethena ($ENA) season 2 token airdrop.
- Lock $ENA HERE for a chance to get 30x rewards and 20-100% rewards boost.
- Deposit $ENA on Pendle Points Markets HERE to earn yield and multipliers.
- Restake $ENA on Mellow’s Ethena LRD Vault HERE for rewards.
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