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Wintermute secures approval to overhaul Ethena’s revenue sharing model

  • The Ethena Foundation has approved Wintermute's proposal to overhaul the revenue-sharing model for the Ethena protocol.
  • The changes aim to benefit staked ENA (sENA) holders and will be implemented by the end of November.
  • Wintermute suggested the changes to address the misalignment between sENA holders and the protocol's revenue growth.
  • The proposed changes include allocating a portion of Ethena’s revenue to programs that enhance the value of staked governance tokens.

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