Ethena Labs has announced a strategic partnership with Kava and is expanding beyond the Ethereum ecosystem, incentivizing Kava users for exchanging USDT and USDC into USDe with additional rewards for swaps on Kava. Ethena's synthetic dollar, USDe, is now live on Ramses Exchange, offering a censorship-resistant, scalable, and stable crypto-native solution for money through delta-hedging staked Ethereum collateral. Furthermore, Ethena has introduced the ENA token, with a 5% airdrop to users, and detailed the shards program, which began 36 days ago, offering significant APR returns for locking USDe. The total supply of ENA tokens is 15 billion, with nearly $600 million worth of ENA to be distributed at $0.751 per $ENA, resulting in a 605.9% APR and an 11.3B FDV. The shards program produces 8.3B shards/day, with a 340B upper bound on shards and 750M $ENA airdropped. Ethena is also joining ZircuitL2's Build to Earn program to bring USDe to the ecosystem, with native integration on Zircuit's Mainnet.