Key Insights:
The Ethena Foundation confirmed that the fee switch parameters were met, pending approval by the Risk Committee.
ENA token holders await governance vote to activate revenue-sharing mechanism.
Recent Binance integration and $895 million capital raise boost Ethena ecosystem momentum.
The Ethena Foundation confirmed on Sept. 12 that the protocol met the fee switch parameters set by the Risk Committee, a decisive step to distribute dividends to ENA token holders.
The ENA fee switch activation now awaits sign-off from the Risk Committee on implementation details and a subsequent governance vote by token holders.
The announcement marked a milestone for ENA token holders who have anticipated the fee switch mechanism since its initial proposal.
The Risk Committee currently reviews implementation details that will be confirmed publicly once finalized.
Ethena Foundation: Fee Switch Activation Process Nears Completion
The Ethena Foundation Risk Committee continues dis
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