At EnsoFi, we’ve always believed that loyalty programs should go beyond mere point systems and instead provide meaningful rewards for true engagement. That’s why we introduced our Ecosystem Incentive Program, allocating 25% of our total $ENS token supply to genuinely reward our loyal users for their participation and support. This program aims to create a thriving, long-term community that values our platform and is integral to its growth.

Today, we’re excited to announce the conclusion of Season 1 $ENS Rewards and the launch of Season 2 with even more incentives for our users.

Season 1 $ENS Reward Recap: A Step Toward True Loyalty

Season 1, which began on August 2nd, 2024, marked the first phase of our loyalty program, designed to reward users who actively participated in lending and borrowing activities on EnsoFi.

Purpose

The goal of SS1 was simple—reward early adopters and loyal users for their active engagement. By tracking each action on the platform, users accumulated points that directly translated into $ENS tokens. This transparency ensured users knew exactly what they were earning, making the process both motivating and rewarding.

Outcome

• Participants: We saw an overwhelming response from our community, with over 5,000 active participants engaging on the platform during this period.

• Points Distributed: Throughout SS1, over 5,000,000 points were distributed among participants, highlighting the level of engagement on EnsoFi.

• Total Volume: The total volume of lending reached over $1 million, reflecting the strong commitment of our user base.

Reward Distribution

The reward allocation for SS1 was 1,000,000 $ENS, and the distribution of these tokens will be finalized during the TGE period. We’re grateful for the trust and support our early users have shown.

Season 2 $ENS Reward: Expanding Our Reach

With the success of SS1, we’re excited to launch Season 2, which comes with more rewards and the opportunity for a broader user base to participate.

Purpose

With our launching on Sui mainnet, SS2 is focused on attracting both Solana and Sui users, particularly early contributors who have been instrumental in supporting EnsoFi from the beginning.

This season is designed to incentivize continued usage and engagement on our platform, ensuring that those who believe in EnsoFi’s mission receive the rewards they deserve.

For Season 2, the reward pool is 2,000,000 $ENS as we’re eager to see even more engagement from our Solana and Sui communities.

• Solana: 1,000,000 $ENS

• Sui: 1,000,000 $ENS

This season’s rewards will be transparent, with users being able to easily track their points and view their estimated $ENS earnings in real-time.

• Start Time: 30th Sep

• Learn more about how to join here

About EnsoFi

EnsoFi a Peer-to- Peer lending protocol, giving users the ability to lend & borrow at a Mutually Interest Rate

Our vision is to establish a peer-to-peer cross-chain lending platform that allows for the smooth movement and accessibility of assets across different blockchain ecosystems. With EnsoFi, users can borrow assets on one blockchain while using collateral on another, eliminating the need for complex asset bridging between chains.

Learn more about EnsoFi

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