- Ethena Protocol has introduced its ENA token in accordance with its sustainable strategies
- The ENA token distribution includes a vesting schedule
- The new Shard Campaign will feature Sats Campaign, which focuses on Bitcoin integration and increased rewards
Recently, Ethena Protocol made an announcement regarding the launch of the ENA token. This event signifies a crucial development in the realm of digital currencies.
Significantly, the protocol's USDe supply has exceeded $1 billion, establishing it as one of the fastest USD-denominated assets to achieve this milestone in the history of cryptocurrency. This achievement highlights Ethena's standing as an emerging leader in the DeFi sector.
Through its expanding ecosystem, Ethena has attracted major players in the DeFi industry, such as MakerDAO, Frax, Curve Finance, and Aave. These collaborations demonstrate the growing importance and acceptance of Ethena's USDe stablecoin within the wider DeFi community.
Set to take place on April 2nd, users will be able to claim their portion of 750 million ENA tokens, equating to 5% of the total supply, based on their accumulated shards—a metric...
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