Ethereal Airdrop and Points Rights Explained

Ethereal points are incentive rewards that users earn by depositing USDe during the Ethereal Season Zero event, aimed at promoting the early ecological development of the decentralized trading platform Ethereal built on the Ethena network. This article整理了截至 2025 年 5 月 14 日的官方信息，对该积分的主要用途与潜在价值进行梳理与分析：

1. Token Airdrop Distribution Criteria

Ethereal points are expected to become an important distribution standard for future token airdrops. The project team plans to launch the mainnet in May 2025 and is hopeful to simultaneously introduce governance tokens. Users holding points may proportionally receive airdrops; additionally, it has been reported that 15% of the tokens will be used to reward ENA stakers, and the holding of points may further influence distribution weight. This design is similar to the airdrop logic of DeFi projects like Uniswap, bringing significant incentive expectations for early supporters.

2. Governance Participation Rights

Although the official has not yet confirmed this, referencing the practices of other similar DeFi projects, Ethereal points are likely to be granted governance functions in the future. Points holders may have governance rights on the platform, such as voting on adjustments to transaction fee models, new product launches, and other key matters, thereby gaining opportunities for long-term participation in the platform's development.

3. Transaction Fee Discounts

Points may also be used to unlock transaction fee discount mechanisms, reducing the cost of trading on the platform. This not only incentivizes users to remain active on the platform but also enhances overall trading liquidity.

4. How to Participate:

Visit the Ethereal (short link https://bly.one/ethereal) official website to deposit USDe and immediately participate in Season Zero activities to seize early incentive opportunities.

Details of this article:

https://chainalert.me/airdrop/latest/d316eb