The Ethena Foundation announced four ecological adjustments, including repurchasing tokens locked in by early investors, aligning token and equity values, initiating revenue buyback ENA governance proposals, and canceling future monthly VC investor unlocking. Ethena Foundation has completed the acquisition of ENA tokens locked in by some seed round investors. Ethena Foundation and Ethena Labs have reached a Master Framework Agreement, which stipulates that intellectual property and value belong to the foundation and are governed by ENA holders, and Labs equity investors no longer enjoy residual cash flows. The revenue buyback ENA governance proposal has been launched, and the net revenue of Ethena's business line will be used for programmatic buyback of ENA. Ethena Foundation has reached an agreement with major investors to eliminate the selling pressure caused by monthly unlocking by future VC investors, and the team token will be locked in as originally planned.
