Converge will be secured by validators staking Ethena’s native governance token (ENA), featuring a permissioned validator set primarily composed of traditional financial institutions and centralized exchanges

Quotes that support claims

The network will be secured by validators that stake Ethena’s ENA token

Ethena’s native governance token, ENA, will serve as a stakeable asset (via sENA) for Converge, securing the network with a permissioned validator set composed of traditional finance entities and centralized exchanges

Related projects

Ethena Foundation