Arthur Hayes-Backed Ethena Labs Announces New Tokenomics Update for ENA

Synthetic dollar protocol developer Ethena Labs is updating the tokenomics for its native asset, ENA, in a bid to increase the token’s utility. Ethena aims to provide a crypto-native solution for money not reliant on traditional banking system infrastructure via a synthetic dollar called USDe. The protocol also offers a dollar-denominated savings instrument called “the Internet Bond.” […] source: https://dailyhodl.com/2024/06/19/arthur-hayes-backed-ethena-labs-announces-new-tokenomics-update-for-ena/