📌 ETHENA BUYS BACK ALL LOCKED TOKENS FROM SEED INVESTORS
📊 Ethena Foundation has just announced a series of major changes. Most notably, the Foundation has repurchased all tokens currently locked from several major seed investors who previously sold ENA over the past 9 months.
👉 Ethena Labs and the Foundation have also reached a new agreement, under which the IP and the value generated from the protocol will be exclusively owned by the Foundation and governed by token holders.
📈 A governance proposal regarding a fee switch is also being put forward. If approved, the net revenue from Ethena’s activities will be used to buy back ENA tokens, creating additional direct buying pressure from ecosystem revenue.
⚠️ Notably, Ethena also removes pressure from future monthly VC unlocks by releasing tokens that have not yet vested. Meanwhile, the team’s token schedule remains unchanged from the original vesting plan.
👇 HOT COINS TRADING HERE 👇
$MOVR
$HEMI
$PROM
📊 Ethena Foundation has just announced a series of major changes. Most notably, the Foundation has repurchased all tokens currently locked from several major seed investors who previously sold ENA over the past 9 months.
👉 Ethena Labs and the Foundation have also reached a new agreement, under which the IP and the value generated from the protocol will be exclusively owned by the Foundation and governed by token holders.
📈 A governance proposal regarding a fee switch is also being put forward. If approved, the net revenue from Ethena’s activities will be used to buy back ENA tokens, creating additional direct buying pressure from ecosystem revenue.
⚠️ Notably, Ethena also removes pressure from future monthly VC unlocks by releasing tokens that have not yet vested. Meanwhile, the team’s token schedule remains unchanged from the original vesting plan.
👇 HOT COINS TRADING HERE 👇
$MOVR
$HEMI
$PROM
