Cointelegraph August 28, 2026

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

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

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

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.

Source: Cointelegraph
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