Ethena Labs plans to distribute ENA rewards for the third quarter on May 1

Odaily News Ethena Labs announced that its third quarter ENA rewards will be issued at 16:00 UTC on May 1, 2025, with a total distribution of 3.5% of the total ENA supply. This round of rewards cancels the token lock-up requirement, and only locks one-third of the sENA rewards for the top 2,000 wallet addresses, which is a decrease from one-half in the previous quarter. The rewards for the remaining addresses will all be released immediately. Based on the current ENA price, the total value of the third quarter airdrop is approximately US$178.5 million, which is similar to the US$202.5 million in the second quarter. Ethena said that at least 3.5% of the supply will continue to be issued in the fourth quarter for 6 months. Users can view points through the Ethena UI and claim airdrops on the Liquifi platform.