Ethena Labs Revamps ENA Tokenomics, Introduces Forced Vesting

Ethena Labs has announced restructuring its tokenomics model for the ENA token, implementing mandatory vesting conditions to promote long-term holding among its recipients. This change affects all users receiving ENA, particularly from initiatives like the Shard Campaign, compelling them to lock at least 50% of their tokens using one of three designated methods. This strategy The post Ethena Labs Revamps ENA Tokenomics, Introduces Forced Vesting appeared first on CoinGape .

Source: CoinGape