Ethena 因回购投票而飙升,风投解锁改革提振代币前景
核心要点
- The native token of Ethena (ENA), the protocol best known for its yield-generating “synthetic dollar” USDe, surged Thursday after the foundation behin

The native token of Ethena (ENA), the protocol best known for its yield-generating “synthetic dollar” USDe, surged Thursday after the foundation behind the project announced a major overhaul of the token’s economics.
The changes take aim at two issues that have dogged ENA: selling pressure from early-investor unlocks and uncertainty over how much of Ethena’s economic value accrues to the token.
The plan removes the monthly VC unlock schedule, proposes using protocol revenue to buy ENA and draws a clearer line between tokenholders and Ethena Labs shareholders.
Already one of crypto’s fastest horses this week, ENA climbed 23% over the past 24 hours to $0.17. The token has doubled in price in a bit more than a week as the broader crypto rally heated up.
Cutting overhang, creating demand
The Ethena Foundation said in a post that it bought the remaining locked tokens from certain large seed investors that had sold ENA over the past nine months. It will also accelerate the remaining original investor unlocks, ending the monthly release of VC tokens. Team tokens remain subject to their existing vesting schedules.
