TechFlow reports that starting April 8, users can lock $ENA in Ethena for a minimum period of 7 days, earning up to 30x Sats daily on the locked $ENA.
Importantly, if users hold $ENA equivalent to at least 50% of their USDe rewards balance on any platform, all rewards from their USDe position will increase by 50%.
A minimum $5,000 $ENA position must be locked to qualify for the boost.
The initial cap for locking $ENA is set at $200 million, which will be adjusted upward in the future. The cooldown period for unlocking ENA is 7 days. Other updates include changes to season reward options, new partnership additions, and a 20% Sats boost for CEX Web3 wallet integrations.
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