Ethena will airdrop 750 million ENA on April 2, with over 90,000 eligible user addresses

ChainCatcher news, the ETH-based stablecoin protocol Ethena announced that it will launch the ENA airdrop on April 2. Any user who cancels staking, unlocks, or sells all USDe before this date will not be eligible for the airdrop. The total amount of this airdrop is 750 million (accounting for 5% of the total), and it can be claimed within 30 days; any unclaimed ENA after that will be redistributed to users participating in the second quarter activities.

There are over 90,000 user addresses eligible for this airdrop, with the top 2000 users in the points ranking and Pendle's YT token holders initially unlocking only 50%, with the remaining 50% unlocking linearly over 6 months. Additionally, 3% of the total airdrop amount (0.15% of the total supply) will be allocated to SchizoPosters and holders of the Redacted Remilio Babies series NFTs.