Ethena – Season III
Ethena Labs, the protocol behind the USD-pegged asset USDe, continues its rapid growth with integrations on major platforms like Aave, Symbiotic, and LayerZero, and expansions to Solana, Mantle, Blast, Arbitrum, and Base.
Since Ethena Season 2 began, USDe has surged from $1.3 billion to nearly $3 billion, becoming the fastest USD-pegged asset in crypto to reach this milestone, cementing its dominant position.
With the end of Season 2, 750 million $ENA tokens (5% of the total supply) have been allocated based on a September 1st snapshot. Users can claim their Airdrop rewards starting September 30.
And the momentum doesn’t stop here—Season 3 points have already begun accruing on September 2, 2024, running until March 2025, bringing higher reward multipliers and integrating sENA into the broader DeFi ecosystem, including many other third-party applications.
About Ethena Labs
Ethena Labs is revolutionizing decentralized finance (DeFi) with USDe, a cutting-edge synthetic dollar protocol on Ethereum, providing a crypto-native alternative to the traditional banking system and introducing the ‘Internet Bond‘, a globally accessible dollar savings instrument.
USDe ensures stability with delta hedging and mint/redeem arbitrage strategies, reinforced by Ethena’s commitment to transparency and decentralization, making USDe a standout solution in the decentralized finance arena (FAQs).
Ethena – Season III
Ethena – Season III
Step by step guide Ethena – Season III Airdrop
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Head to the Ethena Airdrop portal and connect your wallet.
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Maintain your USDe balance above the snapshot level taken on September 1, 2024, to avoid any points reduction in your Ethena Season 3 allocation.
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Check your $ENA Airdrop allocation at claim.ethena.fi on September 30, 2024, and claim your tokens. There are 30 days to claim before any unclaimed ENA is reallocated to sENA holders.
* The top 2,000 wallets will have 50% of their ENA locked, with linear unlocks over 6 months.
Stay tuned with @AirdropAlertcom 🔔 the original and first-ever Airdrop platform globally, consistently offering premier Airdrop opportunities since 2017 with love ❤️ and dedication.
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