Odaily Planet Daily News Ethena Labs announced that its third quarter ENA rewards will be distributed on May 1, 2025, at 16:00 UTC, with a total distribution amounting to 3.5% of the total ENA supply. This round of rewards has removed the token lock-up requirement, locking only one-third of the sENA rewards for the first 2,000 wallet addresses, a decrease from one-half in the previous quarter. The rewards for the remaining addresses will be fully released immediately. Based on the current ENA price, the total value of the third quarter airdrop is approximately $178.5 million, similar to the $202.5 million in the second quarter. Ethena stated that in the fourth quarter, it will continue to distribute at least 3.5% of the supply for a duration of 6 months. Users can view their points through the Ethena UI and claim the airdrop on the Liquifi platform.