Ethena increases airdrop rewards for the second season! ENA currency price hits record high

Stablecoin protocol Ethena announced on April 8 that it will further increase the rewards of the second quarter airdrop point activity "Sats", as long as users transfer more than 50% of the total USDe in their wallets. By staking ENA, you can get:

• The reward is increased by 50%

• The daily reward is higher than all other pools

• Sats points will be increased 30 times

The initial lock-up limit of ENA is tentatively set at US$200 million, and will be adjusted in the future to increase the cooling-off period for locking ENA for 7 days.

Exchange Wallet Integration

Users who lock USDe through the exchange’s Web3 wallet for at least 7 days can also get an additional 20% Sats points increase, including:

• Binance

• Bybit

• OKX

• Bitget

The exchange’s Web3 wallet points increase will begin at 20:00 on the evening of April 10th, Beijing time.

Ethena (ENA) hits a new all-time high

The Ethena governance token ENA immediately rose by more than 20% and hit a new all-time high after the official news was announced.

According to previous reports, Ethena plans to introduce BTC as a collateral asset in the second quarter, which is expected to further expand the supply of USDe to more than 10 billion US dollars.

The "Sats" points activity will last for 5 months until September 2, 2024, or when the USDe supply reaches 5 billion US dollars.

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