Ethena：致力于透明的收入分配

这一行动是基金会为保证开放性并将协议的资金流与其去中心化治理结构相匹配而做出的更大努力的一部分。

Web3 foundation Ethena has announced a major development after the Risk Committee approved a Wintermute proposal to enable a change in the ENA fee.

在风险委员会批准 Wintermute 提案以改变 ENA 费用后，Web3 基金会 Ethena 宣布了一项重大进展。

A tweet from Ethena Labs reveals that the foundation is now working with the Risk Committee to set the conditions for enabling the fee switch by November 30. Further details on this process, including execution strategies, will follow.

Ethena Labs 的一条推文显示，该基金会目前正在与风险委员会合作，设定在 11 月 30 日之前启用费用转换的条件。有关此过程的更多详细信息（包括执行策略）将随后公布。

The foundation's response is included in the original governance post:https://t.co/CNeAtfBd4V pic.twitter.com/cHZQTsgUFC

基金会的回应包含在原始治理帖子中：https://t.co/CNeAtfBd4V pic.twitter.com/cHZQTsgUFC

— Ethena Labs (@ethena_labs) November 15, 2024

— Ethena Labs (@ethena_labs) 2024 年 11 月 15 日

Ethena Committing to Transparent Revenue Allocation

Ethena 致力于透明的收入分配

This move is part of a broader effort by the foundation to ensure transparency and align the protocol’s revenue stream with its decentralized governance structure.

此举是基金会为确保透明度并使协议的收入流与其去中心化治理结构保持一致而做出的更广泛努力的一部分。

In the same governance post, the foundation also addressed concerns regarding the lack of clarity on the structural framework of the Ethena protocol and the role of ENA tokenholders in the revenue sharing scheme.

在同一篇治理文章中，该基金会还解决了对 Ethena 协议结构框架缺乏明确性以及 ENA 代币持有者在收入分享计划中的作用的担忧。

The Ethena Foundation stated clearly that no protocol revenue will be paid to Ethena Labs or any other affiliated service providers. Instead, all revenue will be dedicated solely to the protocol and its ecosystem, furthering its commitment to decentralization.

Ethena 基金会明确表示，不会向 Ethena Labs 或任何其他附属服务提供商支付任何协议收入。相反，所有收入将仅用于该协议及其生态系统，进一步履行其对去中心化的承诺。

The foundation went on to highlight that the utilization of protocol revenue beyond sUSDe rewards will be determined by governance, and the Reserve Fund will be designed to encourage community contributions.

该基金会接着强调，sUSDe 奖励之外的协议收入的使用将由治理决定，储备基金将旨在鼓励社区贡献。

Furthermore, the foundation pledged to work closely with the Risk Committee to define the criteria for future revenue allocation to sENA-related projects, acknowledging the potential to enhance the protocol and ecosystem.

此外，基金会承诺与风险委员会密切合作，确定未来向 sENA 相关项目分配收入的标准，并承认增强协议和生态系统的潜力。

On a separate note, Ethena Labs has been rapidly expanding its ecosystem. In a previous CNF report, it was revealed that Ethena has integrated sUSDe on Aave, enabling billions in stablecoin borrowing capacity at up to 30% APY exposure. The project also suggested using a Solana-based protocol and staking derivatives as USDe-backed assets to further enhance scalability and collateral diversity.

另一方面，Ethena Labs 一直在快速扩展其生态系统。在之前的 CNF 报告中，透露 Ethena 已将 sUSDe 集成到 Aave 上，以高达 30% APY 的敞口实现数十亿美元的稳定币借贷能力。该项目还建议使用基于 Solana 的协议并将衍生品作为 USDe 支持的资产，以进一步增强可扩展性和抵押品多样性。

Another partnership saw Coinbase Prime handling USDC and self-custodial wallet needs for Ethena, as we covered earlier. By integrating Coinbase Prime’s Web3 Wallet, the minting and redemption processes are set to become smoother, solidifying Ethena’s presence within Ethereum-based systems.

正如我们之前介绍的，另一个合作伙伴是 Coinbase Prime 处理 Ethena 的 USDC 和自我托管钱包需求。通过集成 Coinbase Prime 的 Web3 钱包，铸币和兑换过程将变得更加顺畅，从而巩固 Ethena 在基于以太坊的系统中的存在。

Meanwhile, ENA, the native token of Ethena, has been exhibiting strong performance. At the time of writing, it trades around $0.5681, reflecting a 36.83% gain over the last 30 days, despite a slight correction over the past 7 days.

与此同时，Ethena 的原生代币 ENA 也表现出了强劲的表现。截至撰写本文时，其交易价格约为 0.5681 美元，尽管过去 7 天略有调整，但过去 30 天上涨了 36.83%。

Priced at nearly $1.5 billion, ENA ranks as the 64th largest cryptocurrency; however, the token still trades at a 62.97% discount from its all-time high of $1.52, according to CoinMarketCap data.

ENA 的价格接近 15 亿美元，是第 64 大加密货币；然而，根据 CoinMarketCap 的数据，该代币的交易价格仍较历史高点 1.52 美元折让 62.97%。