TechFlow news: DeFi protocol Ethena will airdrop tokens to USDe holders on April 2. Any users who unstake, unlock, or sell all their USDe before this date will be ineligible for the airdrop.
The protocol plans to distribute 750 million ENA tokens, representing 5% of the total supply.
Over 90,000 user addresses qualify for this airdrop. The top 2,000 ranked users by points, as well as YT token holders from Pendle, will initially receive only 50% unlocked, with the remaining 50% linearly unlocked over six months.
In addition, 3% of the total airdrop amount (0.15% of total supply) will be allocated to SchizoPosters and Redacted Remilio Babies NFT holders.
Users can begin claiming their tokens starting April 2, coinciding with ENA's listing on CEXs. After the airdrop concludes, Ethena will launch new incentive campaigns for the next phase of airdrops.
