Ethena Foundation Proposes ENA Buybacks Contingent on USDe Reaching $7.5B
Ethena Foundation proposed automated ENA buybacks funded by 95% of protocol net revenue, contingent on USDe supply reaching $7.5 billion, in a governance vote closing September 2. USDe currently circulates at approximately $4 billion to $4.6 billion, requiring roughly 85% growth to activate the
EthanBrooks·7h ago
