
Ethena Buyback Plan Cuts VCs Out as ENA Jumps 19%
The Ethena Foundation bought out locked tokens held by seed investors who sold ENA in the open market. A new agreement strips Ethena Labs equity investors of any claim on protocol cash flow.
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The Ethena Foundation bought out locked tokens held by seed investors who sold ENA in the open market. A new agreement strips Ethena Labs equity investors of any claim on protocol cash flow.

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