ENA Airdrop Season 3 Begins, Review of Season 2 Earnings and Participation Guide

The ENA airdrop event launched in March this year has entered its third season. The airdrop earnings for the second season are now available for viewing. Users can check their earnings on the event page after logging into the official website. For example, one user participated from May to the end of the second season on September 2, receiving a total of 27,850 ENA tokens as airdrop.

Users can check the portfolio page in the navigation bar to confirm whether they are eligible to fully receive the Airdrop reward on September 30th. If it shows "YES", it means they can receive the full amount; otherwise, they need to supplement a certain amount of USDe to meet the average position requirement of the past 30 days.

Regarding the second quarter yield, some users reported that locking 26,000 ENA for one month resulted in an Airdrop of about 2,550, with a monthly yield rate of approximately 10%. However, due to the overall downturn in the cryptocurrency market since May of this year, the price of ENA has also been affected, leading to a decline in the overall asset value of participants.

For the participation method in the third season, the official has canceled the Lock ENA option, replacing it with Stake ENA, and the points multiplier has been increased to 40 times. Participants from the second season will automatically enter the third season's activities and enjoy a 10% points bonus. New users can only choose to participate by Stake ENA.

Users who have locked ENA and wish to switch to Stake mode must undergo a 7-day cooling period, during which there will be no points earnings. Considering that the activity lasts for 6 months, it is recommended to make a decision as early as possible. The official announcement states that the cooling period restriction will be lifted soon, although the specific time has not yet been determined.

Staking ENA will receive an equivalent amount of sENA staking certificates, which can be exchanged for ENA at a 1:1 ratio. The second season Airdrop rewards will also be distributed in the form of sENA.

The second quarter airdrop rewards will be available for collection on September 30th. The third quarter event will last for 6 months,预计在明年3月结束. Users can choose whether to continue participating based on their own situation, or consider entering at the current low ENA price, in order to potentially gain from both the increase in coin price and the airdrop.