Ethena notifies $ENA stakers that they can register for the Echelon airdrop via the Ethena delegation page. Registration requires delegating points on Aptos; stakers should use the Ethena delegation interface to record delegation and sign up for the airdrop. The announcement focuses on delegations as the registration mechanism.
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Ethena is a DeFi protocol that issues USDe, a crypto-native synthetic dollar backed by crypto collateral and delta-hedged with derivatives. It also offers sUSDe, a yield-bearing version that accrues protocol revenue. Ethena has grown rapidly to multi‑billion TVL, supports multi-chain integrations and is partnering with Securitize on the Converge chain for RWA use cases.
5 events
Tracking since 18 days ago
Raised 20.50
News (5)
Ethena is running a drop registration specifically via Echelon; users can register to be considered for the distribution. The post calls out registration steps connected to Echelon and encourages verifying eligibility and claim paths tied to that channel.
Ethena Foundation has launched Ethena Exchange Points, a program rewarding real USDe trading activity across supported venues. Running for 6 months, it distributes weekly points with up to 100M points available per program and bonus rewards for organic volume. Eligible USDe trading on Ethereal and HyENA qualifies.
Ethena confirmed that $sENA holders will receive 5% of the total $ELON supply. An initial 0.5% unlock is set for February 12, with the remaining 4.5% vesting quarterly over one year. This establishes a clear allocation and schedule for eligible stakers.
Ethena introduced a one-time delegation task in collaboration with Echelon, allowing participants to qualify early in the campaign. The action is completed within the Ethena app by delegating to Aptos as the target. This appears to be a simple eligibility step tied to the partnership, suggesting potential recognition for early participants without additional ongoing requirements.
Important events
Ethena: Echelon airdrop registration (Airdrop)
airdrop · 8 days ago
Ethena: drop registration via Echelon (Airdrop)
airdrop · 8 days ago
Ethena: Exchange Points program launches (Launch)
launch · 12 days ago
Ethena: sENA holders to receive ELON (Airdrop)
airdrop · 15 days agoHot
Ethena: Delegation for early eligibility (Quest)
quest · 18 days ago
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