<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-overview-of-synthetic-crypto-assets-for-ethena.jpg" alt="ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote" class="type:primaryImage"></p><p>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.</p>

The ENA token increased by 10% following a proposal from the Ethena Foundation to vote on buying back tokens held by major early investors. The proposal also included a fee switch to allocate 95% of net protocol revenue towards ENA buybacks.

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

Ethena has proposed directing 95% of net revenue from its branded businesses toward ENA buybacks once USDe supply reaches $7.5 billion, as the protocol also moves to end monthly investor unlocks and separate ecosystem economics from Ethena Labs equity. According&#8230;

Ethena has proposed allocating 95% of net revenue from its branded businesses to ENA buybacks once USDe supply reaches $7.5 billion. The protocol also plans to end monthly investor unlocks and separate ecosystem economics from Ethena Labs equity.

Ethena proposes 95% revenue allocation to ENA buybacks

Ethena Foundation announced four updates, including buying locked ENA tokens and ending future monthly investor unlocks.

Ethena Foundation announced four updates, including a proposal for a fee switch for ENA token buybacks and the decision to buy locked ENA tokens while ending future monthly investor unlocks.

Ethena Foundation proposes fee switch for ENA token buybacks among other updates

The changes aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth.

Ethena's token outlook improves following a buyback vote and a VC unlock overhaul, which aim to reduce investor selling pressure and direct protocol revenue to ENA. The changes are part of Ethena's efforts to revive the growth of USDe.

Ethena surges as buyback vote, VC unlock overhaul boost token outlook

اقترحت مؤسسة إيثينا تحديثات كبيرة، بما في ذلك تصويت على إعادة شراء رموز ENA الممولة بنسبة 95% من الإيرادات الصافية من أعمالها. يهدف هذا التحرك إلى تقليل ضغط البيع من المستثمرين وتعزيز آفاق الرمز، خاصةً بينما يسعى البروتوكول لإحياء نمو USDe. وقد أدت الاقتراحات بالفعل إلى زيادة بنسبة 10% في قيمة رمز ENA.

La Fundación Ethena ha propuesto actualizaciones significativas, incluyendo una votación sobre la recompra de tokens ENA financiada por el 95% de los ingresos netos de sus negocios. Este movimiento tiene como objetivo reducir la presión de venta de los inversores y mejorar las perspectivas del token, especialmente mientras el protocolo busca revivir el crecimiento de USDe. La propuesta ya ha llevado a un aumento del 10% en el valor del token ENA.

La Fondation Ethena a proposé des mises à jour significatives, y compris un vote sur les rachats de tokens ENA financés par 95 % des revenus nets de ses activités. Ce mouvement vise à réduire la pression de vente des investisseurs et à améliorer les perspectives du token, surtout alors que le protocole cherche à relancer la croissance de l'USDe. La proposition a déjà entraîné une augmentation de 10 % de la valeur du token ENA.