Ethena Labs Partners with Symbiotic and LayerZero to Pilot Universal Restaking Module, ENA Token Economics Update Ethena Update Content
New Features Launched
$ENA pool will be launched on June 26. Ethena will work with Symbiotic and LayerZero to pilot a universal restaking framework to ensure cross-chain transfers of Ethena assets (including $USDe and $sUSDe). These transfers are verified through LayerZero's DVN network and secured by $ENA staked in Symbiotic.
ENA Token Economics Update
Current stage: ENA is mainly used for staking rewards.
Next stage: Will increase empowerment and use the universal restaking pool to provide economic security for the Ethena chain.
Specific changes include: Introducing a generalized restaking module for $ENA and $sUSDe.
Staking $ENA in the restaking pool within Symbiotic to ensure the security of the Ethena chain. Reduce inflation by 50% for participants in the first season to support long-term coordination.
Staking Rewards
$ENA staked in Symbiotic in the future will receive the following rewards: Highest Ethena multiplier, $ENA 30 times per day. Symbiotic points. Mellow points. Potential future LayerZero RFP allocation (if allocated to Ethena).
These updates show that the Ethena project is constantly improving, and as the empowerment of ENA tokens increases, the value and application prospects of ENA are expected to increase.
