What is "Ethena Voting Rewards Scam"?

What is the fake "Ethena Voting Rewards" website?

While investigating dubious sites, our researchers discovered the page at dao-ethena[.]fi. It impersonates the legitimate Ethena platform (ethena.fi) and promotes a fake "Season 7 Rewards" voting program. This site operates as a cryptocurrency drainer designed to steal digital assets from anyone who connects their wallet.

IMPORTANT NOTE: We do not review crypto projects, please do your own research when investing money.

Federal Trade Commission (FTC) states that since the start of 2021, more than 46,000 people have reported losing over $1 billion in crypto to scams – that's about one out of every four dollars reported lost, more than any other payment method.

"Ethena Voting Rewards Scam" in detail

The legitimate Ethena platform (ethena.fi) is a DeFi protocol built on Ethereum. It issues USDe, a synthetic US dollar, and ENA, its governance token, using delta-neutral derivative positions to maintain stability.

The fraudulent page at dao-ethena[.]fi mimics the Ethena DAO interface and presents an "Ethena Season 7 Rewards Proposal." Visitors are told they can vote on how and when ENA rewards will be distributed, with the first 5,000 participants promised an exclusive multiplier on their positions.

To "register and begin voting," users are prompted to connect a cryptocurrency wallet. The site supports over 530 wallet options, including MetaMask, Trust Wallet, WalletConnect, Binance Wallet, and SafePal.

Once a wallet is connected, a cryptocurrency drainer activates and automatically transfers the victim's funds to a wallet controlled by scammers. The transaction is carried out without any further action from the victim.

Blockchain transactions are irreversible by design, meaning victims permanently lose their digital assets with no recourse. It is therefore essential to confirm that a platform is genuine before connecting a wallet or sharing any personal information.

Conclusion

Dao-ethena[.]fi is a fraudulent site that falsely claims to be the Ethena DAO governance portal. Its purpose is to trick users into connecting their cryptocurrency wallets, which activates a drainer that immediately transfers their funds to the attackers. The real Ethena platform operates exclusively at ethena.fi.

Many fake websites exist that mimic legitimate DeFi platforms with nearly identical designs and branding. They lure users by offering participation in reward programs or governance votes. Those who fall for these scams risk losing all cryptocurrency stored in their connected wallets. Some examples of similar scams are "Firelight Vote Rewards", "Flare Voting Rewards", and "Red Kitten Crew ($RKC) Airdrop".

How did I open a scam website?

Scammers commonly distribute fake DeFi and crypto reward pages through stolen or fabricated social media accounts on platforms such as X (formerly Twitter), Discord, and Telegram. They often impersonate reputable projects, well-known figures, or official team accounts to lend credibility to their posts.

Users can also land on these pages through malicious advertising networks found on torrent sites, unofficial streaming services, and other unreliable pages. Clicking suspicious links in phishing emails, interacting with adware-generated ads, or allowing notifications from untrustworthy websites can also lead to encountering pages of this kind.

How to avoid visiting scam pages?

Keep your operating system and all installed applications up to date, and download software only from official, verified sources. Be cautious with unexpected emails that contain links or attachments, especially those promoting cryptocurrency rewards or requesting wallet access.

Avoid clicking suspicious ads, pop-ups, or links on dubious websites, and do not grant notification permissions to pages you do not recognize or trust. If your computer is already infected with unwanted apps, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate them.

The appearance of "Ethena Voting Rewards Scam" (GIF):

The official Ethena website (ethena.fi):

Instant automatic malware removal:

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Quick menu:

• What is Ethena Voting Rewards crypto drainer?
• How to identify a pop-up scam?
• How do pop-up scams work?
• How to remove fake pop-ups?
• How to prevent fake pop-ups?
• What to do if you fell for a pop-up scam?

How to identify a pop-up scam?

Pop-up windows with various fake messages are a common type of lures cybercriminals use. They collect sensitive personal data, trick Internet users into calling fake tech support numbers, subscribe to useless online services, invest in shady cryptocurrency schemes, etc.

While in the majority of cases these pop-ups don't infect users' devices with malware, they can cause direct monetary loss or could result in identity theft.

Cybercriminals strive to create their rogue pop-up windows to look trustworthy, however, scams typically have the following characteristics:

• Spelling mistakes and non-professional images - Closely inspect the information displayed in a pop-up. Spelling mistakes and unprofessional images could be a sign of a scam.
• Sense of urgency - Countdown timer with a couple of minutes on it, asking you to enter your personal information or subscribe to some online service.
• Statements that you won something - If you haven't participated in a lottery, online competition, etc., and you see a pop-up window stating that you won.
• Computer or mobile device scan - A pop-up window that scans your device and informs of detected issues - is undoubtedly a scam; webpages cannot perform such actions.
• Exclusivity - Pop-up windows stating that only you are given secret access to a financial scheme that can quickly make you rich.

Example of a pop-up scam:

How do pop-up scams work?

Cybercriminals and deceptive marketers usually use various advertising networks, search engine poisoning techniques, and shady websites to generate traffic to their pop-ups. Users land on their online lures after clicking on fake download buttons, using a torrent website, or simply clicking on an Internet search engine result.

Based on users' location and device information, they are presented with a scam pop-up. Lures presented in such pop-ups range from get-rich-quick schemes to fake virus scans.

How to remove fake pop-ups?

In most cases, pop-up scams do not infect users' devices with malware. If you encountered a scam pop-up, simply closing it should be enough. In some cases scam, pop-ups may be hard to close; in such cases - close your Internet browser and restart it.

In extremely rare cases, you might need to reset your Internet browser. For this, use our instructions explaining how to reset Internet browser settings.

How to prevent fake pop-ups?

To prevent seeing pop-up scams, you should visit only reputable websites. Torrent, Crack, free online movie streaming, YouTube video download, and other websites of similar reputation commonly redirect Internet users to pop-up scams.

To minimize the risk of encountering pop-up scams, you should keep your Internet browsers up-to-date and use reputable anti-malware application. For this purpose, we recommend Combo Cleaner Antivirus for Windows.

What to do if you fell for a pop-up scam?

This depends on the type of scam that you fell for. Most commonly, pop-up scams try to trick users into sending money, giving away personal information, or giving access to one's device.

• If you sent money to scammers: You should contact your financial institution and explain that you were scammed. If informed promptly, there's a chance to get your money back.
• If you gave away your personal information: You should change your passwords and enable two-factor authentication in all online services that you use. Visit Federal Trade Commission to report identity theft and get personalized recovery steps.
• If you let scammers connect to your device: You should scan your computer with reputable anti-malware (we recommend Combo Cleaner Antivirus for Windows) - cyber criminals could have planted trojans, keyloggers, and other malware, don't use your computer until removing possible threats.
• Help other Internet users: report Internet scams to Federal Trade Commission.

Frequently Asked Questions (FAQ)

What is a fake crypto rewards program?

Fake crypto reward programs claim to offer token bonuses or staking rewards in exchange for connecting a wallet or completing certain steps. They are presented as official promotions tied to real projects in order to appear trustworthy and attract unsuspecting users.

What is the purpose of a crypto scam?

These scams are designed to steal cryptocurrency by tricking users into connecting their wallets, which activates a drainer that transfers funds directly to the attackers. Some also manipulate victims into revealing seed phrases or signing malicious smart contracts.

Why do I encounter fake websites?

Fraudulent pages are spread through compromised or fake social media accounts, phishing emails, and rogue advertising networks. Users may also reach them via misleading pop-ups, deceptive links on unsafe websites, or notifications from untrusted pages.

Will Combo Cleaner protect me from scams?

Combo Cleaner can detect suspicious and malicious websites, including those hosting cryptocurrency drainers or phishing scams, and alerts users before they interact with them. This helps users avoid unsafe pages and reduces the risk of encountering threats.