Empire 🟪(@theempirepod):Ethena just made a huge push to align tokenholders, investors, and the protocol. • Bought out early investors who sold $ENA • Shifted protocol IP + value accrual exclusively to the Foundation • Proposed using net revenue to programmatically buy back ENA • Eliminated monthly VC unlock overhang • Kept team tokens on their original vesting schedules • Joined the Blockworks TTF This is exactly what crypto teams should be doing. @Ethena is cleaning up incentives, directing value toward tokenholders, and materially improving transparency. For a team this important to the industry, the hope is others take note.

2026.08.28 15:30

Ethena just made a huge push to align tokenholders, investors, and the protocol. • Bought out early investors who sold $ENA • Shifted protocol IP + value accrual exclusively to the Foundation • Proposed using net revenue to programmatically buy back ENA • Eliminated monthly VC unlock overhang • Kept team tokens on their original vesting schedules • Joined the Blockworks TTF This is exactly what crypto teams should be doing. @Ethena is cleaning up incentives, directing value toward tokenholders, and materially improving transparency. For a team this important to the industry, the hope is others take note.