Bitfinex Among First to List Ethena Labs' ENA Token - Bitfinex blog
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Bitfinex Among First to List Ethena Labs’ ENA Token

ROAD TOWN, British Virgin Islands – March 29, 2024 – Bitfinex (https://www.bitfinex.com/), a premier digital asset trading platform, announced today they will be among the first exchanges to list ENA, the native token of Ethena Labs. Ethena is an Ethereum-based protocol that provides a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument – the ‘Internet Bond’.

Ethena Labs is a decentralised finance (DeFi) protocol aiming to redefine the landscape of decentralised finance. At the core of their ecosystem is the ENA token, their native cryptocurrency. Ethena Labs has recently initiated a significant airdrop of 750 million ENA tokens, reinforcing their commitment to community engagement and rewarding customer participation in DeFi initiatives. 

The ENA token serves multiple pivotal roles within the Ethena ecosystem. Primarily it functions as a governance token, granting holders the power to participate in decision-making processes that shape the future of the protocol. Additionally, the ENA token plays a crucial role in incentivising and facilitating ecosystem growth and development, ensuring the sustainability and vitality of the DeFi platform.

“Ethena’s forward-thinking solutions like ENA and the ‘Internet Bond’ play a big role in the evolution of the DeFi space. We’re pleased to add ENA to our diverse slate of token offerings,” said Henry Child, Head of Tokens at Bitfinex.

Deposits of ENA are anticipated to open at approximately 08:30 AM UTC on April 02, 2024, subject to network conditions. Trading is expected to commence at approximately 12:00 PM UTC on April 02, 2024, contingent upon liquidity requirements being met. ENA will be tradable against US Dollars (ENA/USD) and Tether tokens (ENA/USDt). 

To obtain access to ENA on Bitfinex, customers can visit https://www.bitfinex.com/.

*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com. 

About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.

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