USDe stablecoin developer Ethena Labs announced that it will distribute 750 million tokens in an airdrop.
Ethena Labs is preparing for a massive airdrop. According to the team’s announcement, 750 million ENA airdrops will be sent on April 2nd.
The airdrop will also be distributed among users who hold and stake the protocol’s USDe tokens during a six-week event called Ethena Shard Campaign. Users will be eligible for the ENA airdrop based on the amount of USDe they hold.
During this event, the supply of USDe reached a value of 1.3 billion dollars. According to Ethena Labs, it became the fastest asset to reach a supply of over 1 billion dollars. This event will end on April 1st. ENA will be listed on centralized exchanges one day before airdrops are distributed to users.
