Ethena To Launch DVN Framework In November With Symbiotic And LayerZero

According to Odaily, Ethena has announced the development progress of its DVN forfeiture framework in collaboration with Symbiotic and LayerZero. Ethena revealed that these modules are expected to be completed by November and will be initially promoted alongside the Symbiotic mainnet launch. Symbiotic confirmed this by stating that Ethena will be among the first projects to be released on the mainnet, and the framework will be made available as a public product. In June, Ethena mentioned its intention to use Symbiotic's re-staking framework and LayerZero's decentralized verification network (DVN) to ensure the cross-chain transfer of assets such as USDe and sUSDe. Symbiotic had previously planned to launch its mainnet in September, but as the month draws to a close, there have been no updates on this front.