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Ethena Labs: Neither the team nor investors used locked tokens for sENA staking “mining”
2024-10-28 10:17
Odaily News Ethena Labs posted on X that we are aware that there have been some questions on Discord and X about whether investors or the Ethena team are using locked tokens to obtain Ethereal rewards through sENA. We want to make it clear to the community that absolutely no locked tokens that should belong to the team or investors are being pledged as sENA to obtain any rewards, including Ethereal. This was publicly confirmed on Discord last week. In addition, Ethena Labs also stated that all ENA flowing out of the relevant wallets are executed according to the exact unlocking schedule outlined in the initial token distribution plan... The user interface will be updated this week to clarify the total amount of sENA available for future airdrops, which will exclude the unallocated sENA temporarily stored in the Liquidifi airdrop contract to explain the situation more clearly to users.