Foresight News reported that Ethena has opened the second quarter airdrop allocation inquiry, but claiming is not yet open.

Meanwhile, Ethena announced the launch of sENA, a liquidity receipt token that locks ENA, allowing users to maintain liquidity through their staked ENA position. sENA will now receive the highest daily reward multiplier of 40x in Season 3, and it can be used in DeFi composability, including Pendle, money markets, staking platforms, and any other third-party applications that choose to integrate it. Users who hold locked ENA will need to migrate to sENA to receive rewards in Season 3. Users' Season 2 allocations will remain unaffected.