Ethena's fee conversion passed and the process of repurchase of ENA will begin

On 4 September, the Ethena Foundation announced that the cost-conversion vote had been passed, with 100 per cent votes in favour, that the process of repurchase of the ENA would begin and be scaled up as targets and milestones were reached. On 27 August, the Ethena Foundation announced four adjustments to the Ethena ecology, including the repurchase of targeted coins held by early investors, the promotion of further alignment of tokens with equity values, the initiation of a governance proposal to repurchase the ENA, and the removal of future monthly VC investors。