stableBullishDIGITAL ASSETS
Ethena Foundation Restructures Token Supply and Initiates Revenue Buyback Program
3 signals from 3 sources·Updated 25 days ago
Momentum
49/100
Affected tickers
ENA
Summary
The Ethena Foundation is buying out early investors to limit monthly token releases and plans to allocate 95% of net revenue to ENA buybacks. These actions aim to reduce selling pressure and boost token value, though the…
Impact
Contributing sources (3)
- Ethena token ENA jumps on new buyback plan and investor unlock changes · coindesk.com · 27 days ago
- Ethena proposes using 95% of net revenue for ENA token buybacks · crypto.news · 27 days ago
- Ethena Foundation buys out early investors to reduce ENA token supply pressure · coingape.com · 27 days ago
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