Curated News
By: NewsRamp Editorial Staff
April 19, 2024
Bitget Wallet Announces Partnership with Ethena for BWB Points Airdrop
TLDR
- Bitget Wallet users who deposited at least 100 USDT on Ethena will receive BWB points, which can be converted into BWB tokens in the future.
- Users can engage with Ethena via Bitget Wallet's browser extension and mobile application to manage token transactions, exchange USDe, and join the Pendle campaign.
- Ethena's USDe stablecoin is the first censorship-resistant, scalable, and crypto-native money solution, offering a 67% APY and maintaining stability through delta hedging.
- Bitget Wallet's BWB Ecosystem Partner Program unites over 70 blockchains and projects, fostering participation in the DeFi space and promoting collaborative growth.
Impact - Why it Matters
The collaboration between Bitget Wallet and Ethena provides users with new opportunities to earn rewards and engage in DeFi activities. This partnership enhances accessibility to Ethena through Bitget Wallet's platform, allowing for a more seamless and user-friendly experience. The launch of the BWB Ecosystem Partner Program also signifies a commitment to fostering collaboration and growth within the DeFi space, ultimately benefitting active users and participants.
Summary
Bitget Wallet, one of the largest Web3 wallets in Asia, has partnered with Ethena, an Ethereum-based synthetic dollar protocol. This collaboration allows users to engage with Ethena via Bitget Wallet's browser extension and mobile application, making it simpler to manage token transactions, exchange USDe, engage in staking, and join the Pendle campaign. In addition, Bitget Wallet recently launched the BWB Ecosystem Partner Program to foster participation within the DeFi space and promote the growth of collaborative projects.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, Bitget Wallet Announces Partnership with Ethena for BWB Points Airdrop
