Bitget Wallet Collaborates with Ethena, Introduces BWB Points Airdrop

Victoria, Seychelles, April 19th, 2024 (Chainwire) - Bitget Wallet, a prominent Web3 wallet in Asia and globally recognized, has announced a strategic partnership with Ethena, an Ethereum-based synthetic dollar protocol. This collaboration aims to enhance user engagement and foster participation within the DeFi space.

BWB Points Airdrop for Ethena Users

As part of the partnership, Bitget Wallet will conduct a BWB Points airdrop for users who have deposited a minimum of 100 USDT over the past three months on Ethena. The BWB Points can be converted into BWB tokens following the conclusion of the airdrop campaign. Additionally, users locking Ethena's USDe stablecoin for at least 7 days on Bitget Wallet will receive a 20% reward boost.

Seamless Integration and Enhanced Accessibility

The collaboration enables users to interact with Ethena seamlessly through Bitget Wallet's browser extension and mobile application. This integration simplifies token transactions, USDe exchange, staking activities, and participation in the Pendle campaign. Moreover, users can deposit ENA tokens into Pendle to earn points or secure favorable fixed rates, accessible through Bitget Wallet's DApp browser on mobile devices.

BWB Ecosystem Partner Program and Token Generation Event

Bitget Wallet recently launched the BWB Ecosystem Partner Program to promote collaboration within the DeFi ecosystem. With over 70 participating blockchains and projects, including Ethena, active users are rewarded with BWB Points. The BWB token will commence its Token Generation Event (TGE) and Initial Exchange Offering (IEO) in the upcoming second quarter.

BWB Points Airdrop Campaign Details

Bitget Wallet initiated the BWB Points airdrop campaign targeting Ethena users who have transacted a minimum of 100 USDT in the past three months. The campaign, running until April 28th, is open to both new and existing Bitget Wallet users, as well as active users of other prominent Web3 wallets. Participants can complete specific wallet tasks to accumulate points and qualify for the airdrop.

About Ethena and USDe Stablecoin

Ethena's USDe stablecoin emerged as the top-performing decentralized application in terms of earnings shortly after its launch in mid-March, offering a 67% annual percentage yield (APY). The USDe stablecoin, the first censorship-resistant and crypto-native money solution, maintains stability through delta hedging, ensuring seamless integration across the DeFi ecosystem.

About Bitget Wallet

Bitget Wallet stands as Asia's largest and a leading global Web3 wallet, serving over 20 million users worldwide. Offering a wide array of features, including asset management, swap trading, launchpad, and DApp browsing, Bitget Wallet supports over 100 major blockchains and hundreds of EVM-compatible chains, enhancing liquidity through aggregation across top DEXs and cross-chain bridges.