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Ethena Opens Season 5 Airdrop Claims for 2% of ENA Supply

According to Ethena’s official statement on Discord, users can now claim tokens from the project’s fifth airdrop distribution round.

ENA

Summary

Ethena said Season 5 airdrop claims are now open, with 2% of the ENA token supply allocated to this distribution round. The announcement was published on Discord, the community messaging platform, according to the project’s official statement. Airdrops are a common crypto distribution method used to reward users or broaden token ownership.

Terms & Concepts
  • Airdrop: A token distribution method in which a crypto project sends tokens to eligible users, often as a reward or community incentive.
  • ENA: The native token referenced by Ethena for its ecosystem distribution and incentive programs.
  • Token supply: The total amount of a cryptocurrency’s units that exist or are designated for circulation and allocation.