ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote

NewsFri, 28 Aug 2026 09:27:30 UTC3 hours ago
ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote

The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA buybacks.

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