This Dude Woke up To Find $2M in His Wallet…
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Think about waking as much as discover you’ve had virtually $2M dropped into your crypto pockets…
Appears somewhat too-good-to-be-true, proper?
Effectively, it’s not.
This really occurred to somebody earlier this week, in the course of the Ethena Labs airdrop (aka crypto giveaway) marketing campaign, and after trying into it — it looks as if a helluva strategic transfer by Ethena.
Right here’s what we imply:
Ethena Labs runs an artificial greenback cryptocurrency, $USDe. At launch, they created the ‘Shard’ marketing campaign which incentivizes folks to contribute to their ecosystem.
You can earn factors (or shards) by buying and staking $USDe or by telling your pals to work together with the ecosystem (like a crypto referral program).
The principle goal right here was to onboard folks into the ecosystem.
(Which our man with the $2M airdrop maxed out on).
However that is the place Ethena acquired actually freaking sensible.
The airdrop didn’t reward early customers with $USDe, however as a substitute, Ethena’s new governance token $ENA.
(The place, for each $ENA token somebody holds, they get one vote in any modifications made to the community).
In doing so, Ethena was capable of reward early customers with out diluting the availability of $USDe, and concurrently incentivizing customers to vote, take part, and assist to develop its ecosystem.
Spherical of applause to the Ethena Labs crew!
