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Ethena Labs x Bybit airdrop

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Bybit is hosting a special event in anticipation of Ethena Labs' listing, allowing users to stake $ENA or USDT in the Bybit Launchpool for a chance to claim a share of a grand prize pool of 15,000,000 $ENA tokens. Take advantage of this opportunity to enhance your portfolio! Ethena Labs is transforming decentralized finance with USDe, a groundbreaking synthetic dollar protocol on Ethereum. This protocol offers a crypto-native alternative to traditional banking, and also includes a globally accessible dollar-denominated savings tool known as the 'Internet Bond'. USDe maintains stability through delta hedging mechanisms and mint and redeem arbitrage, all underpinned by Ethena's dedication to transparency and decentralization. Learn more about USDe's leading role in decentralized finance in the FAQs.

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About Ethena Labs x Bybit

Don't miss out on the chance to participate in Bybit's special event where users can stake $ENA or USDT in the Bybit Launchpool to win a share of the 15,000,000 $ENA token grand prize pool. Bybit is changing the decentralized finance world with USDe, a cutting-edge synthetic dollar protocol built on Ethereum. USDe offers a crypto-native alternative to traditional banking, along with a globally accessible dollar-denominated savings tool called the 'Internet Bond'. With delta hedging mechanisms, mint and redeem arbitrage, and a commitment to transparency and decentralization, USDe is at the forefront of decentralized finance solutions.

Step-by-step guide

Log in to your Bybit account or create one if you haven’t already. Stake $ENA or USDT on the Bybit Launchpool to earn ENA rewards. The event will run from April 2, 8 AM UTC to April 9, 2024, 8 AM UTC.

Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).

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