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sENA

Stake and lock ENA to earn boosted rewards across the Ethena ecosystem

Total sENA

Current Multiplier

Boost Power

What is sENA?

sENA is the staked version of ENA, Ethena's governance token. By staking ENA, you receive sENA which can be locked for various time periods to earn boosted rewards across the Ethena ecosystem.

The longer you lock your sENA, the higher your multiplier becomes, increasing your rewards from USDe staking, trading, and other protocol activities.

Boost Rewards

Multiply your rewards from USDe staking and other protocol activities

Governance

Participate in protocol governance with voting power based on lock duration

Protocol Revenue

Earn a share of protocol revenue proportional to your locked sENA

Lock Multipliers

No Lock
1.0x
3 Months
2.5x
6 Months
4.0x
12 Months
7.0x
Your Multiplier2.5x

How It Works

1. Stake ENA

Stake your ENA tokens to receive sENA at a 1:1 ratio. This process has a 7-day cooldown period for unstaking.

2. Lock sENA

Lock your sENA for a period of time (up to 12 months) to receive a multiplier on your rewards.

3. Earn Boosted Rewards

Your locked sENA provides a boost to all your rewards across the Ethena ecosystem, including USDe staking.

Important Note

Locked sENA positions will be available to withdraw 14 days after unlocking. This is in addition to the 7-day sENA unstaking cooldown. Plan your locks accordingly.