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Ethena protocol announces the launch of $ENA token with a decentralization plan. The token drop includes 5% airdropped to users. Shards program offers different shard amounts based on investment levels. The TGE is imminent with $0.751 per $ENA and a total of 15 billion tokens, 5% of which will be airdropped. The program started 36 days ago with a daily shard rate and airdropped $750 million worth of $ENA. Additionally, 3% of Ethena's supply will be allocated to 15,000 NFTs, with the value of Ethena estimated at $2.9 billion.
3% of Ethena supply to a total of 15k NFTs At the moment there are 300b shards and there will be ~320b by next week. Whales market has them traded at .000455 at only 5% of the supply that would value ethena at 2,912,000,000 That means that 3% is ~87m between 15k NFTs https://t.co/bQ45IlIob8
3% of Ethena supply to a total of 15k NFTs At the moment there are 300b shards and there will be ~320b by next week. Whales market has them traded at .000455 at only 5% of the supply that would value ethena at 2,912,000,000 So that means though that 3% is 87m between 15k NFTs https://t.co/AItQ8Omem3
Some more info on Ethena shards (assuming a linear drop) $1,000 = 603,209 shards $10,000 = 6,032,090 shards $100,000 = 60,032,090 shards - locking 1 USDe provided 10x shards per day - at $0.00166 / shard $0.751 per $ENA => 1.66% return per *DAY* - *605.9%* APR annualized 😬 https://t.co/4BjtCO74oF