Ethena labs has one of the strong token named ENA. And they also released the USDe. And when you stake the resources you would be getting the sENA token as a receipt token. And then you would be able to use it as a reward. 

Ethena is known for it’s synthetic dollar - USDe and staked Ethereum which resembles like internet bond. They have been doing the ENA token staking for the Ethereum asset and also managed to reward the users who happen to stay invested.

They have now launched the liquid receipt token for the locked ENA. This token is named as sENA. And it is now available online in the Ethena platform.

Ethena in their twitter account mentioned about the sENA token in their tweet.

Ethena platform allows you to stake the assets and the earn the rewards. These are going to be easily redeemable. And also you can stake and unstake any time as you please. This helps in the redemption and to take out the funds when you need them.

The liquidity receipt tokens help in the situation are available when you stake the USDe and the ENA tokens on the platform. Like the image shows below.

For those who are invested into the Ethena ecosystem with the ENA token would find the sENA rewards lucrative. And they can be swapped on the ecosystem too.

There is also the reward campaign going on which you can check here. Overall for those who are into the investor mindset and happen to invest into the stakes under ENA, would find this token reward useful.