Following the Ethena Labs Shards campaign and the ongoing $ENA Bybit Launchpool, Ethena has made significant strides by incorporating $BTC as a backing asset to $USDe, setting the stage for a substantial expansion to a market with over $25 billion in open interest.
In celebration of this pivotal development, @Ethena_Labs unveils the $ENA Airdrop Season 2: Sats Campaign, heralding a new chapter with enhanced reward structures, including a 20% boost for early adopters, and diversified earning opportunities through strategic partnerships.
About Ethena Labs
Ethena Labs is revolutionizing decentralized finance (DeFi) with USDe, a cutting-edge synthetic dollar protocol on Ethereum, providing a crypto-native alternative to the traditional banking system and introducing the ‘Internet Bond‘, a globally accessible dollar savings instrument.
USDe ensures stability with delta hedging and mint/redeem arbitrage strategies, reinforced by Ethena’s commitment to transparency and decentralization, making USDe a standout solution in the decentralized finance arena (FAQs).
