According to official news, Ethena Labs announced the update of ENA token economics and will launch the ENA universal pledge function. Ethena will initially pilot the universal re-pledge framework using Symbiotic and LayerZero, seeking to ensure cross-chain transfers of Ethena-based assets (including USDe and sUSDe). These transfers are verified through the LayerZero DVN network, which is protected by the pledged ENA within Symbiotic.
The module will also include building a universal framework to launch re-pledged DVN for LayerZero ecosystem partners who use consistent tokens to provide economic security and DVN operator selection.
After ETH LST reaches its cap in a few days, ENA and sUSDe will become the next round of pledgeable assets. Staking ENA in Symbiotic will receive 30 times the points reward per ENA, Symbiotic points, Mellow points and potential future LayerZero RFP allocations every day. The ENA pool will go live on June 26.
In addition, from June 17th, any user who received ENA through airdrops (for example, airdrops from the Shard Campaign airdrop according to vesting conditions) will be required to lock at least 50% of the claimable ENA. Failure to do so will result in all unvested ENA belonging to the relevant wallet being reallocated to other users who have locked ENA (three methods are: Ethena locking, PT-ENA on Pendle, and Symbiotic re-staking).