Converge plans to be secured by the Converge Validator Network (CVN), which requires validators to stake Ethena’s ENA token and provides the network's foundational governance and security structure

Quotes that support claims

In order to participate in the CVN, validators must stake ENA, Ethena’s governance token

The CVN will have the ability to interfere during emergencies like when funds are at risk, perform circuit breakers to pause user-activity if there are serious bugs, as well as review important governance proposals

Related projects

Ethena Foundation