Ethena 協議將根據 Wintermute 的收入分享提案啟動費用轉換

Ethena Protocol 已同意根據 Wintermute 的收入分享提案在其網路內啟動費用轉換。

In November, Wintermute, an algorithmic trading firm, proposed altering the ENA token distribution scheme by implementing a fee switch for the Ethena Protocol. The proposal aimed to establish a clear mechanism for allocating protocol earnings to its holders.

11 月，演算法交易公司 Wintermute 提議透過實施 Ethena 協議的費用轉換來改變 ENA 代幣分配方案。該提案旨在建立一個明確的機制，將協議收益分配給其持有者。

On November 15, the Ethena Foundation announced that Wintermute's proposal had been approved by the Risk Committee. The Foundation would collaborate with the committee to finalize parameters for enabling the fee switch by November 30, followed by the implementation of precise mechanics.

11 月 15 日，Ethena 基金會宣布 Wintermute 的提案已獲得風險委員會批准。基金會將與委員會合作，在 11 月 30 日之前最終確定費用轉換的參數，然後實施精確的機制。

Wintermute's proposal, while lacking specifics on revenue allocation or the fee switch mechanism, suggested adjusting the circulating USDe supply, average protocol revenue, and the spread between USDe's annual percentage yield (APY) and market rates.

Wintermute 的提案雖然缺乏收入分配或費用轉換機制的具體細節，但建議調整流通的 USDe 供應、平均協議收入以及 USDe 年收益率 (APY) 與市場利率之間的利差。

The proposal also requested Ethena to optimize the fee switch configuration considering the increasing USDe supply and competitive staked USDe returns. Additionally, it sought confirmation that future revenue would be allocated to advance the protocol under ENA and sENA supervision.

該提案還要求 Ethena 考慮到 USDe 供應量的增加和具有競爭力的質押 USDe 回報，以優化費用轉換配置。此外，它還尋求確認未來的收入將用於在 ENA 和 sENA 監督下推進協議。

The Ethena Foundation, upon reviewing the proposal, noted its potential benefits for the protocol and its ecosystem. The Foundation further clarified that all earnings generated by the Ethena Protocol would be exclusively dedicated to the protocol's development and not used by Labs or development services provider entities.

Ethena 基金會在審查該提案後指出其對該協議及其生態系統的潛在好處。基金會進一步澄清，Ethena 協議產生的所有收入將專門用於該協議的開發，而不是由實驗室或開發服務提供者實體使用。

Furthermore, any protocol revenue allocated for purposes beyond USDe rewards and the Reserve Fund would be subject to governance approval.

此外，分配給 USDe 獎勵和儲備基金以外用途的任何協議收入將受到治理批准。