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Ethena Foundation optimizes ENA tokenomics, ENA surges over 15% in 24 hours

2026-08-28 02:02

Odaily News: The Ethena Foundation announced yesterday four adjustments to the Ethena ecosystem, including buying back locked tokens held by early investors, promoting further alignment between token and equity value, launching a governance proposal to use protocol revenue to repurchase ENA, and eliminating monthly token unlocks for future VC investors.

Affected by the related news, ENA rose more than 15% in 24 hours.