**News Flash: Ethena Foundation Approves Revenue Sharing for ENA Tokenholders**

The Ethena Foundation has approved Wintermute's proposal to share a portion of Ethena's decentralized finance (DeFi) protocol revenues with ENA tokenholders. Announced on November 15, the decision aims to activate a fee switch by November 30, enhancing value for stakers of Ethena's native token, ENA.

Ethena Labs, known for its USDe stablecoin launched in February, has seen its supply soar to $3.2 billion. The recent move aligns ENA holders with the protocol's growth, addressing previous disconnects in value accrual. Wintermute now accepts USDe as collateral for various trades, expanding its crypto collateral options.