Ethena Labs updates ENA tokenomics with new policies

Ethena Labs, a decentralized protocol focused on the yield-bearing USDe stablecoin, has announced significant changes to the tokenomics of its ENA token, requiring users to lock part of their holdings for a certain period of time.

The move aims to enhance the stability and long-term value of the ENA token within the ecosystem by ensuring that the tokens are gradually released over a specified period to discourage short-term speculation.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts