TechFlow reports that Ethena Labs has announced an update to the ENA tokenomics, introducing universal staking for ENA tokens through a shared restaking pool.
Ethena will pilot a universal restaking framework in collaboration with Symbiotic and LayerZero to enable cross-chain transfers of Ethena assets (including USDe and sUSDe). These transfers will be verified via the LayerZero DVN network, which is secured by ENA staked within Symbiotic. ENA staked in Symbiotic will earn daily rewards of 30x ENA points per ENA, along with Symbiotic points, Mellow points, and potential future allocations from LayerZero RFPs. The ENA pool is set to launch on June 26.
Starting June 17, any user receiving ENA through the airdrop must lock at least 50% of their claimable ENA via either locking, Pendle, or restaking. Failure to do so will result in the unclaimed ENA balance in their associated wallet being reallocated to other users who have locked their tokens.
