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Cryptocurrency News Articles
MEXC Launches Campaign for ENA & USDe with $1,000,000 Rewards
Feb 27, 2025 at 06:44 pm
VICTORIA, Seychelles, Feb. 27, 2025 /PRNewswire/ – MEXC, the world's leading cryptocurrency trading platform, announced the listing of the Ethena USDe (USDE) in the Innovation Zone and open USDE-related trading pairs.
MEXC, the world’s leading cryptocurrency trading platform announced today the listing of Ethena USDe (USDE) in the Innovation Zone and open USDE-related trading pairs. To celebrate the launch, MEXC is introducing USDe & ENA-related events for all users with a $1,000,000 reward pool.
Since their creation, stablecoins have played an important role in the crypto ecosystem. However, many face limitations due to dependence on centralized custodians and traditional banking infrastructure. Ethena (ENA)-issued USDe, a fully decentralized synthetic USD asset that uses delta-neutral hedging to maintain a soft peg to the U.S. dollar without overcollateralization or central custody, is here to address these challenges. Unlike typical stablecoins, USDe leverages smart contracts to open and close perpetual short positions, ensuring scalability and stability.
As a global leader in digital asset trading, MEXC’s listing of USDe and USDE-related trading pairs highlights the growing importance of decentralized stable assets in the evolving DeFi landscape. This initiative underscores MEXC’s commitment to supporting innovative blockchain solutions and promoting decentralized finance. By providing strong liquidity and broad market coverage, MEXC creates the ideal environment for projects like USDe to thrive and unlock new possibilities in the digital economy.
MEXC is also inviting users to join in celebrating with a $1,000,000 prize pool through four major activities. This initiative allows users to engage with cutting-edge DeFi projects, explore the possibilities of innovative stable assets like USDe, and contribute to the growth of the broader DeFi ecosystem.
Celebrate the ENA & USDe Campaign with a $1,000,000 Prize Pool
Known for quickly listing trending tokens, MEXC expands its offerings with USDe (USDE). The USDE/USDT trading market will officially launch in the Innovation Zone on February 27, 2025, at 10:00 (UTC), and ENA/USDE, BTC/USDE, ETH/USDE, SOL/USDE, and XRP/USDE will follow at 11:00 (UTC).
To mark this occasion, MEXC has prepared several events to engage both new and experienced traders. Enjoy zero-fee trading on select USDE and ENA trading pairs for optimal market participation. USDE coin holders can earn up to 10% APR on their holdings with no need for staking or locking. New users joining the ENA staking program can enjoy even higher rates of up to 400% APR, and the platform is introducing exclusive staking pools, especially attractive for new users.
Furthermore, active traders can participate in trading competitions with a substantial prize pool of 300,000 USDT in Futures bonuses, rewarding various levels of trading activity. In a move to further support stablecoin adoption, MEXC has also purchased $20 million in USDe, signaling its commitment to expanding the stablecoin ecosystem.
Beyond Trading: Earn Passive Income on MEXC
In addition to listing a wide range of tokens and trading pairs, MEXC provides various financial products designed to help crypto holders generate passive income. Flexible and fixed-term savings plans allow deposits of supported tokens to earn interest. Flexible savings incur no lock-up period and deliver daily interest, while fixed-term savings require a set commitment but offer higher potential returns.
Through these offerings, MEXC continues to expand its ecosystem, providing a multifaceted approach to digital asset growth that caters to both new and experienced market participants.
Your Easiest Way to Trending Tokens
At MEXC, we strive to become the go-to platform offering the widest range of valuable crypto assets. We've managed to grow our user base to 30 million by providing a diverse selection of tokens, high-frequency airdrops, and simple participation processes. In 2024, we launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 32 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets.
At MEXC, we prioritize simplicity and innovation, making crypto trading more accessible and rewarding. We are constantly striving to introduce new features and products that cater to the evolving needs of our diverse user community.
MEXC Official Website | X | Telegram |How to Sign Up on MEXC
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