🔔 Ethena takes a key step towards income distribution
The Ethena Foundation confirmed that the parameters have been met to activate the fee switch, a feature that would allow part of the protocol's income to be redirected to holders of $sENA.
📈 With current monthly income of $50–60M and $750M in staking, projected yields could range between 4.5% and 15% APR, depending on the final model approved by governance.
💡 This change marks a significant evolution in the utility of the token $ENA, which would shift from offering indirect incentives (such as airdrops) to becoming an asset with direct income distribution.
📣 The risk committee is working on the details so that the community can vote soon.
#Crypto #Ethena #ENA #DeFi #staking #governance
ENA
0.2043
-3.49%