About Ethena Staked ENA
Ethena Staked ENA (SENA) represents staked Ethena (ENA) tokens within the Ethena DeFi platform, built on Ethereum. Key features include: a staking system where ENA is staked for SENA, accruing value like a token vault through reward distributions; SENA holders benefit from the increased value of SENA as rewards accumulate in the staking contract, rather than directly receiving rewards; and a 7-day cooldown period after unstaking SENA before ENA can be withdrawn.
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