Follow UsEthena surges as buyback vote, VC unlock overhaul boost token outlook
Bullish+20.87%
27 Aug, 17:32
Source: CoinDesk
AI Summary
Ethena (ENA) surges on buyback vote and VC unlock overhaul designed to reduce selling pressure and channel protocol revenue to token holders while reviving USDe stablecoin growth.
The changes aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth.