Ethena(ENA) SENA Launch

sENA is live as the liquid receipt token for locked ENA, allowing users to maintain liquidity with their staked ENA position sENA should present minimal operational difference from a user's perspective; however, the liquidity and transferability will allow users to utilize the asset in a variety of DeFi applications.

sENA will now earn the largest daily multiplier for rewards at 40x in Season 3 and will be composable with the rest of DeFi, including Pendle, money markets, staking platforms, and any other third-party applications that choose to integrate it. Users can migrate to sENA at https://app.ethena.fi/earn

Any ENA that is foregone as a result of not meeting vesting requirements will be reallocated and distributed to sENA pools. This will happen on a monthly basis as those rewards are distributed to the sENA contract as rewards to sENA holders

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