The Athena Foundation has agreed to Wintermute’s proposal that a portion of the decentralized finance (DeFi) protocol’s revenues be shared with token holders. Wintermute is a crypto market maker that proposed on November 6 to distribute a portion of Athena’s fee income among stakers of ENA, Athena’s native token.
This decision has led to an increase in the outstanding stock of Athena USDe, a stablecoin launched in February. Athena has generated a significant amount of real income, and ENA staking will now benefit from the protocol’s income, providing a clear value enhancement mechanism for ENA holders. On October 25, Wintermute began accepting USDe as collateral for spot crypto and derivatives transactions, adding to the list of accepted crypto hedges.
Source
<p>The post Introducing: Athena Foundation’s Revolutionary Fee-Sharing Proposal first appeared on CoinBuzzFeed.</p>
