Ethena Airdrop - Claim Your Ethena Token Free - Claim Free Crypto Airdrops & Token February 2024

Airdrop Details

Airdrop Start	2024-02-19
Airdrop Link	Go to airdrop
Total Supply	309,197,231 USDe
Platform	Ethereum
Categories	Stablecoins

Ethena emerges as an Ethereum-based synthetic dollar protocol, introducing an innovative crypto-native alternative to conventional banking infrastructures. At its core lies the concept of an ‘Internet Bond’, offering a universally accessible dollar-denominated savings tool. Ethena’s USDe, a synthetic dollar, pioneers censorship-resistant, scalable, and stable monetary solutions, achieved through delta-hedging Ethereum collateral. Ensuring complete transparency, USDe remains fully collateralized on-chain, enabling seamless integration across DeFi platforms.

Securing $14M in funding, Ethena boasts support from prominent investors like Binance, Dragonfly, and Wintermute. Notably, Ethena’s ecosystem introduces a shard-based points system, rewarding users engaging in activities such as minting, providing liquidity, and staking USDe. Referrals garner additional shard rewards, potentially qualifying users for future airdrops upon the governance token launch.

How To Claim Ethena Airdrop Free

To embark on this journey:

Access the Ethena application page.
Connect your Ethereum wallet.
Acknowledge the terms and proceed to the dashboard.
Ensure possession of stablecoins like USDT, USDC, DAI, FRAX, etc., obtainable from platforms like Binance.
Return to Ethena and initiate a “Buy” transaction.
Exchange stablecoins for USDe, Ethena’s synthetic dollar.
Navigate to the “Stake” section and stake USDe.
Additionally, contribute liquidity to available pools.
Earn shards for completing tasks as per the points system.
Gain a 10% shard bonus from each successful referral.
While Ethena currently lacks a native governance token, its esteemed backers suggest a future launch possibility.
For detailed campaign insights, refer to the provided article.
Please note that while the prospect of a token launch or airdrop remains speculative, exploration of potential projects without tokens yet may yield promising opportunities.

For further updates and insights, stay connected via Twitter, Telegram, & Facebook, and subscribe to our newsletter for the latest airdrop notifications!

Overview

Website	https://www.ethena.fi/
Twitter	https://twitter.com/ethena_labs
Github	https://github.com/ethena-labs
Discord	https://discord.com/invite/HVfuYyNm8S
Ticker	Not Available
Total Volume	12.06%
Whitepaper	Download Whitepaper

About Ethena

What is the market cap of Ethena USDe (USDE)?

The market valuation of Ethena USDe (USDE) currently stands at $306,369,145 and holds the #210 position on CoinGecko as of today. This valuation is calculated by multiplying the token's price by the circulating supply of USDE tokens, which amounts to 310 million tokens available for trading presently.

Where can you purchase Ethena USDe?

USDE tokens are available for trading on decentralized exchanges. Among these, Uniswap V3 (Ethereum) emerges as the foremost platform for acquiring and exchanging Ethena USDe. The most active trading pair, USDE/USDT, boasts a substantial trading volume of $32,667,268 within the past 24 hours.

What is the daily trading volume of Ethena USDe (USDE)?

The trading volume for Ethena USDe (USDE) within the last 24 hours has surged to $122,104,520, marking an impressive 530.70% increase compared to the previous day. This substantial rise indicates heightened market activity surrounding USDE.

What is the fully diluted valuation of Ethena USDe (USDE)?

Ethena USDe (USDE) presents a fully diluted valuation (FDV) amounting to $306,369,145. This figure represents a comprehensive estimate of the maximum potential market cap, based on the assumption of a total circulation of 310 million ETH tokens.

How does the price performance of Ethena USDe compare against its peers?

Over the past 7 days, Ethena USDe (USDE) has witnessed a marginal price uptick of 0.30%. While this performance indicates a slight underperformance compared to the broader cryptocurrency market, which has risen by 7.20%, it fares relatively better when juxtaposed with similar Stablecoins cryptocurrencies, registering a growth of 0.20%.

How to integrate Ethena USDe (USDE) into MetaMask?

Incorporating Ethena USDe (USDE) into MetaMask facilitates easy access to view your token holdings, engage in trading on decentralized platforms, and more. To accomplish this, you'll need to import USDE as a token. This can be achieved by either manually importing USDE's contract address (0x4c9edd5852cd905f086c759e8383e09bff1e68b3) or utilizing MetaMask's Chrome extension for seamless integration with just a click on CoinGecko.