Ethena Foundation Announces Major Ecosystem Overhaul: Token Buyback and VC Unlock Cancellation Reshape ENA Dynamics
The Ethena Foundation unveiled four major ecosystem adjustments, including buying back locked tokens from early investors, aligning token and equity value, launching a revenue-based buyback proposal, and canceling future monthly VC unlocks. These moves aim to reduce sell-side pressure and strengthen ENA's value proposition.
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