A proposal from Wintermute, a crypto market maker, is currently being reviewed by the Athena community to activate a fee switch within the Ethena protocol. Wintermute highlighted the lack of clarity in revenue distribution for Ethena’s ENA token and raised concerns about the absence of a clear framework explaining how ENA holders might benefit from the protocol’s earnings.
Wintermute suggested that the Ethena Risk Committee consider allocating a portion of the protocol’s revenue to the staked version of ENA tokens but did not provide specific details. The proposal will require approval from a community vote.
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<p>The post Athena Community Reviews Wintermutes Fee Switch Proposal: ENA Token Holders Seek Revenue Distribution first appeared on CoinBuzzFeed.</p>
