TLDR Crypto · MARKETS & BUSINESS

WINTERMUTE'S PROPOSAL TO OVERHAUL ETHENA PROTOCOL REVENUE SHARE APPROVED BY RISK COMMITTEE

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Summary from the TLDR Crypto newsletter

Wintermute's proposal to allocate a portion of Ethena protocol revenue to staked ENA (sENA) and related programs was approved by Ethena's risk committee. Wintermute hopes to better align sENA holders with the Ethena protocol's growth and revenue generation. The Ethena Foundation is committed to ensuring all future revenue benefits the protocol exclusively and will be governed transparently via ENA and sENA stakeholders.