Web3
Ethena Governance Approves ENA Buybacks Tied to USDe Growth
TokenPost·September 26, 2026·1 min read
Ethena governance has approved a framework for ENA buybacks tied to USDe growth. The plan redirects up to 20% of protocol revenue once USDe reaches specified supply milestones. At the current $4.07 billion supply level, no revenue is redirected, meaning buybacks will only begin after further growth.
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