Binance Launchpool Project Ethena (ENA) to Commence Tomorrow, BNB Surges to $600 Again
Binance will launch a new project on Launchpool tomorrow – Ethena (ENA). Ethena is dedicated to developing a crypto-native stablecoin independent of the banking system and is the sixth project of Binance’s incubator program. The event will start on March 30th, and investors can stake FDUSD or BNB to receive ENA tokens. This news also led to a 3.6% and 0.4% increase in BNB and FDUSD within an hour.
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Launchpool New Project – Ethena (ENA)
ENA token listing will start on April 2nd
The supported currencies for staking in this event are as follows:
BNB: Rewarding 240,000,000 ENA tokens (80%)
FDUSD: Rewarding 60,000,000 ENA tokens (20%)
Event duration: March 30th, 8:00 to April 2nd, 7:59 (Taiwan time), a total of three days.
Ethena, the stablecoin issuer focusing on developing without relying on traditional finance, has attracted many investors. The recent funding round was led by Dragonfly Capital and Arthur Hayes’ family office, Malestrom, with participation from investors such as Binance Labs, Deribit, Bybit, OKX, Gemini, Kraken, and traditional finance player Franklin Templeton.
Ethena announced yesterday that it will airdrop the governance token “ENA” on April 2nd. There will be a total airdrop of 750 million ENA tokens, accounting for 5% of the total supply. The claiming website, Claim.ethena.fi, will be available on April 1st.
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Stablecoin protocol Ethena to airdrop 750 million ENA tokens, introducing Bitcoin as collateral asset
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Binance will also list the ENA token on Launchpool at 4:00 PM on April 2nd, including trading pairs ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY.
Binance reminds everyone that it is the first platform to list ENA. Any claims of selling the token before this are false advertisements. Please carefully research and ensure the safety of your funds!
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