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Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week

The DeFi protocol, which generates yield from ether derivative funding rates, is set to airdrop 750 million ENA tokens, 5% of the total supply.

Updated Mar 27, 2024, 9:55 p.m. Published Mar 27, 2024, 8:53 p.m.
Ethena's governance token ENA (Ethena Labs)
Ethena's governance token ENA (Ethena Labs)