Ethena @ethena_labs is a Delta-neutral stablecoin protocol based on ETH, ensuring the stability of the USD peg. This track is worth looking forward to. The estimated market price is $0.7 a piece.
The project airdropped 750 million coins this time, accounting for 5% of the total; more than 90,000 addresses are eligible for airdrops, and 750 million coins were airdropped this time (5% of the total).
ENA not claimed within 30 days will be redistributed to the second season active users. The top 2,000 users with points and Pendle’s YT token holders will initially unlock only 50%, and the remaining 50% will be unlocked linearly within 6 months. 3% of the total airdrop (0.15% of total supply) of tokens will be distributed to SchizoPosters and Redacted Remilio Babies series NFT holders #Binance
What is Ethena (ENA)?
A synthetic dollar protocol. Ethena is building derivatives infrastructure that enables Ethereum to transform into a global internet bond via delta-neutral positions on stETH, creating the first crypto-native, yield-generating stablecoin: USDE;
Ethena Labs is the creator of USDE, a synthetic dollar protocol built on Ethereum. The program addresses the need for a stable, scalable form of money within the crypto-native space that does not rely on the traditional banking system;
The role of ENA tokens:
Participate in governance: ENA token holders can vote on protocol governance decisions.
Audit security
Ethena (ENA) has gone through 7 different stages of audits (to be conducted soon), which are checked by many familiar auditing companies, such as Zellic, Code4rena and other companies
Related report documents can be viewed here👉: https://ethena-labs.gitbook.io/ethena-labs/resources/audits
Financing situation
Financing time: 2023-07-17
Round: Seed round
Funding: $6.5 million
参与机构： Dragonfly*、Deribit、OKX Ventures、HTX Ventures、Gemini Frontier Fund、Maelstrom Capital、Mirana Ventures、Faction、Nascent、Tangent、GSR、Wintermute、CMT Digital、Finality Capital Partners、No Limit Holdings、BlockTower Capital、Anthony Sassal、Cobie
Financing time: 02-16
Round: Strategic Financing
Amount raised: US$14 million
参与机构：Dragonfly*、Brevan Howard Digital*、Maelstrom Capital*、PayPal Ventures、Avon Ventures、Binance Labs、Deribit、Gemini Frontier Fund、Kraken Ventures、Franklin Templeton
Ethena (ENA) Token Economics
Token name: Ethena (ENA)
Initial circulation: 1,425,000,000 ENA (9.5% of the maximum supply of the token)
Total Supply: 15,000,000,000 ENA
Binance Launchpool Amount: 300,000,000 ENA (2% of the maximum token supply)
Binance LaunchPool
The 50th phase of Binance’s new coin mining project is launched, using BNB and FDUSD to mine Ethena (ENA). This mining time is relatively short. Users who want to participate remember to participate in time to avoid missing the mining time. Users can start in 2024 After 08:00 on March 30 (East Eight District time), put BNB and FDUSD into the ENA mining pool on the Launchpad website to get ENA rewards. ENA can be mined for a total of 3 days.
As a reminder, BNB mining accounts for 80% of the weight. BNB can mine a total of 240,000,000 ENA (80%), and the FDUSD mining pool can mine a total of 60,000,000 ENA (20%). #Binance
New and old users can quickly participate👉: https://www.binance.com/zh-CN/join?ref=S5HT0YL0
Mining activities: https://launchpad.binance.com/zh-CN/launchpool/ENA_BNB
