Ethena Foundation buys back early investor tokens, proposes revenue-funded ENA buybacks, ends VC unlock overhang

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The Ethena Foundation has bought out all locked tokens from major seed investors who sold ENA within the past nine months. A Master Framework Agreement between the Foundation and Ethena Labs assigns protocol IP and accrued value exclusively to the Foundation, governed by token holders, with no residual cash flows to Labs equity investors. A governance proposal for a fee switch is now live, already approved by the Risk Committee, directing net revenue across all Ethena business lines to programmatic ENA buybacks. The Foundation and lead investors will release unvested tokens to remove monthly VC unlock overhang; team tokens stay locked per original schedules.

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Ethena Foundation buys back early investor tokens, proposes revenue-funded ENA buybacks, ends VC unlock overhang

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Standard Chartered initiates research coverage of Ethena, forecasting USDe could grow roughly 8x over the next two years as DeFi and TradFi converge

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Ethena joins Circle, Chainlink and Aave among onchain firms completing SOC 2 Type II, committing to continuous operational security coverage

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Ethena Foundation buys back early investor tokens, proposes revenue-funded ENA buybacks, ends VC unlock overhang

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EtherFi to launch its own stablecoin on Ethena's whitelabel infrastructure

Standard Chartered initiates research coverage of Ethena, forecasting USDe could grow roughly 8x over the next two years as DeFi and TradFi converge

Ethena taps Binance as first venue for equity perpetuals, expanding USDe collateral to tokenized stocks

Ethena joins Circle, Chainlink and Aave among onchain firms completing SOC 2 Type II, committing to continuous operational security coverage

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Ethena launches Ethena Pay on Avalanche across 48 countries, offering up to 6% APY on USDe balances and 10% cashback at selected brands

EtherFi to launch its own stablecoin on Ethena's whitelabel infrastructure

Standard Chartered initiates research coverage of Ethena, forecasting USDe could grow roughly 8x over the next two years as DeFi and TradFi converge

Ethena taps Binance as first venue for equity perpetuals, expanding USDe collateral to tokenized stocks

Ethena joins Circle, Chainlink and Aave among onchain firms completing SOC 2 Type II, committing to continuous operational security coverage

Ethena brings USDe to TRON, with sUSDe bridging via Stargate and DeFi integrations planned

Ethena launches Ethena Pay on Avalanche across 48 countries, offering up to 6% APY on USDe balances and 10% cashback at selected brands

Comments

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Ethena launches Ethena Pay on Avalanche across 48 countries, offering up to 6% APY on USDe balances and 10% cashback at selected brands

EtherFi to launch its own stablecoin on Ethena's whitelabel infrastructure

Standard Chartered initiates research coverage of Ethena, forecasting USDe could grow roughly 8x over the next two years as DeFi and TradFi converge

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Ethena joins Circle, Chainlink and Aave among onchain firms completing SOC 2 Type II, committing to continuous operational security coverage

Ethena brings USDe to TRON, with sUSDe bridging via Stargate and DeFi integrations planned

Ethena launches Ethena Pay on Avalanche across 48 countries, offering up to 6% APY on USDe balances and 10% cashback at selected brands