The Block (@TheBlockCo): THE BLOCK: Ethena Foundation said it bought locked $ENA from certain seed investors who had sold tokens and agreed with lead investors to end future m…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- ENA+60Positive
THE BLOCK: Ethena Foundation said it bought locked $ENA from certain seed investors who had sold tokens and agreed with lead investors to end future monthly investor unlocks. Ethena also plans to assign protocol IP and economic value to the foundation and ecosystem, while proposing to use 95% of net revenue for ENA buybacks after a USDe supply milestone is reached.