Ethena: Proposal to Reduce Risk Committee Members from 5 to 3

Odaily News Ethena Labs Research has proposed that ENA token holders vote before next week's election to reduce the size of the risk committee from 5 voting members to 3. Ethena Labs Research believes that reducing the number of members will help clarify roles and responsibilities, covering specific areas such as DeFi lending exposure, reserve fund and redemption requirements, protocol partner integrations, and collateral assets. Additionally, the reduction in members will enable the Ethena Foundation to increase member compensation, encouraging them to dedicate more resources. If the proposal passes, ENA and sENA holders will elect 3 voting members, with Ethena Labs Research serving as a non-voting advisory member; if it does not pass, 5 members will be elected as originally planned.