ethena Foundation Advances Four Major Ecological Updates
2026-08-27 22:14:03
According to CoinMeta, the ethena Foundation announced the advancement of four major ecological updates: First, for specific main seed round investment institutions that have sold any ena within the past 9 months, the foundation has completed the repurchase of all their remaining locked-up tokens. Second, a main framework agreement was reached with the development entities ethena and labs; this agreement assigns the exclusive rights to the protocol IP and all its value accumulation to the foundation, which will be governed by the token holders. As a result, labs equity investors will no longer enjoy any cash flow benefits from the agreement. Third, a vote on a fee governance proposal was initiated, aiming to use the net income generated by all business lines under ethena to repurchase ena on the secondary market in a programmed manner. Fourth, an agreement was reached with the leading investors to release unattributed tokens in order to completely eliminate the monthly unlocking pressure on VC institutions in the future, while the team's tokens will still strictly follow the original lock-up attribution plan.
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