Bybit Launchpool: Earn ENA (Ethena) by Staking ENA or USDT

Bybit Launchpool is thrilled to introduce ENA, the utility token of Ethena protocol. During the event period from April 2, 2024, 8AM UTC to April 9, 2024, 8AM UTC, participants can stake ENA or USDT to obtain a share of 15,000,000 ENA for free.

Because Ethena staking on this launchpool event is capped at $2,000 per person, it’s very suitable even for small crypto investors. You can stake with as little as $100 and earn free ENA tokens at no risk.

How It Works

Participants can stake ENA or USDT to earn ENA tokens in two pools:

  1. ENA Pool:
    • Total Rewards: 7,500,000 ENA
    • Minimum Staking Amount: 100 ENA
    • Maximum Staking Amount: 5,000 ENA
  2. USDT Pool:
    • Total Rewards: 7,500,000 ENA
    • Minimum Staking Amount: 100 USDT
    • Maximum Staking Amount: 2,000 USDT

Your daily yield is calculated based on the amount of ENA or USDT staked and the total number of ENA or USDT staked by all participants. The yield is deposited to your Funding Account daily starting one day after staking, refreshed daily at 12AM UTC.

About Ethena (ENA)

Ethena is a synthetic dollar protocol providing a crypto-native solution for money independent of traditional banking infrastructure. ENA tokens will introduce the ‘Internet Bond’, a globally accessible dollar-denominated savings instrument.

Additional Event Rewards Available: 300,000 ENA Prize Pool

To celebrate ENA’s listing on Bybit’s Spot trading platform, a special event with a total prize pool of 300,000 ENA is prepared.

Listing Timeline:

  • ENA Deposits: Opens on April 1, 2024, 8AM UTC
  • ENA Listing: April 2, 2024, 8AM UTC
  • ENA Withdrawals: Opens on April 3, 2024, 8AM UTC

Event Details: The event runs from April 1, 2024, 8AM UTC to April 16, 2024, 8:59AM UTC.

New Users Exclusive: 200,000 ENA Up for Grabs Complete two steps during the event to earn 200 ENA.

Existing User Rewards: 100,000 ENA Up for Grabs Earn 100 ENA by accumulating a deposit volume of at least 200 ENA or depositing 200 USDT and purchasing at least 200 USDT worth of ENA.

ENA x Referral Boost Invite friends to join the ENA Launchpool with your referral code and receive 1 ENA for every successful referral, up to 5 referrals.

Published on March 30th, 2024 by Kevin Aguilar. Latest update made on May 7th, 2024 (2 years ago).

Kevin Aguilar
Kevin Aguilar
IT background. Writes about crypto in his free time, and always on top of the best launchpools, promotions and airdrops. More articles by Kevin