BlockBeats News, August 28th - Yesterday, the Ethena Foundation announced four adjustments to the Ethena ecosystem, including a buyback of locked tokens held by early investors, further aligning token value with equity, initiating a governance proposal to buy back ENA from revenue, and canceling future monthly VC investor unlocks.

Following this news, the ENA token surged over 15% in 24 hours, now trading at $0.18855.