Ethena Foundation optimizes ENA tokenomics, ENA surges over 15% in 24 hours
2026-08-28 02:02
Odaily News – The Ethena Foundation yesterday announced four adjustments to the Ethena ecosystem, including repurchasing locked tokens held by early investors, further aligning token and equity value, launching a governance proposal to use protocol revenue to buy back ENA, and eliminating monthly token unlocks for future VC investors.
Driven by the related news, ENA rose over 15% in 24 hours.
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