Ethena（$ ENA）今天打开了他们的第一个主要的原住民代币解锁为20.7亿$ ENA

Ethena（$ ENA）是一种基于以太坊的稳定协议，其合成美元USDE将于今天开放其第一个主要的本地代币解锁，即ena $ 0.7亿美元。

Ethena (ETHENA), a decentralized stablecoin protocol on Ethereum with synthetic dollar USDe, will see the first major native token unlock of 2.07 billion ENA today.

Ethena（Ethena）是一项与合成美元USDE有关以太坊的分散式稳定协议，今天将看到第一个主要的本地代币解锁为20.7亿ENA。

What is Ethena ($ENA)?Ethena ($ENA) is a decentralized stablecoin protocol backed by Ethereum derivatives, offering a persistent and scalable solution through its synthetic dollar, USDe. Ethena aims to create a reliable alternative to traditional stablecoins like USDT and USDC, which are heavily reliant on banks or other real-world finance institutions.

什么是ethena（$ ena）？ethena（$ ena）是由以太坊衍生工具支持的分散的稳定协议，通过其合成美元USDE提供了持久可扩展的解决方案。 Ethena旨在为USDT和USDC等传统的稳定剂创建可靠的替代品，这些替代品非常依赖于银行或其他现实世界的财务机构。

In a short time, USDe’s market capitalization reached $6 billion, overtaking DAI and becoming the third-largest stablecoin (Source: Cointelegraph). Several key factors contribute to Ethena’s rapid growth.

在短时间内，USDE的市值达到了60亿美元，超过了DAI并成为第三大稳定币（来源：Cointelegraph）。几个关键因素促成了埃塞纳（Ethena）的快速增长。

And with that, it takes a short time for $ENA, Ethena’s governance token, to see its market capitalization grow from $400 million to $1.5 billion. Ethena operates through a decentralized autonomous organization (DAO), where the community autonomously makes key decisions. ENA token holders will vote to improve the system, adjust parameters, and introduce new features. This governance model keeps the project transparent and aligns it with community interests, ensuring continuous innovation and adaptation.

因此，Ethena的治理令牌$ ENA需要很短的时间才能使其市值从4亿美元增长到15亿美元。 Ethena通过分散的自治组织（DAO）运作，社区自主做出关键决定。 ENA令牌持有人将投票通过改进系统，调整参数并引入新功能。该治理模型使项目透明，并与社区利益保持一致，从而确保持续的创新和适应。

Updated Massive $ENA Token Unlock

更新大量$ ena代币解锁

Today, March 5, will see a major node of $ENA tokens unlocked. Ethena will release 2.07 billion ENA tokens, which account for 39% of the circulating supply and are valued at over $765 million. This event marks the first significant unlock for core contributors and investors, making it a crucial moment for the project’s supply expansion and market distribution.

今天，3月5日，将有一个$ ena代币的主要节点已解锁。 Ethena将发布207亿个ENA代币，占循环供应的39％，价值超过7.65亿美元。该活动标志着核心贡献者和投资者的第一个重要解锁，这是该项目供应扩展和市场分配的关键时刻。

Source: Tokenomist

资料来源：象征主义者

The unlocked tokens will be allocated as follows:

解锁的令牌将被分配如下：

This unlock will increase liquidity, alter token distribution, and could have a major impact on market dynamics.

这种解锁将增加流动性，改变令牌分布，并可能对市场动态产生重大影响。