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
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Authors
Ian Allison
Sources
Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain
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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
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