TLDR Crypto · INNOVATION & LAUNCHES

ETHENA TOKENOMICS UPDATE AND RESTAKING FEATURES

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Summary from the TLDR Crypto newsletter

ENA and sUSDe will be available to deposit in the Symbiotic restaking protocol. ENA will eventually provide security for the Ethena Chain. The chain will host apps built with USDe as the primary asset and gas token. Going forward, any user receiving an ENA airdrop must lock at least 50% in a restaking module, as PT-ENA on Pendle, or basic staking.