Ethena: Proposal to reduce the number of Risk Committee members from 5 to 3
According to Odaily, Ethena Labs Research has proposed that, prior to next week's election, ENA token holders vote to reduce the number of voting members on the Risk Committee from five to three. Ethena Labs Research believes that reducing the number of members will help clarify the division of responsibilities, covering specific areas such as DeFi lending exposure, reserve funds and redemption requirements, protocol partner integrations, and collateral assets. In addition, reducing the number of members will allow the Ethena Foundation to increase member compensation, encouraging them to dedicate more resources. If the proposal passes, ENA and sENA holders will elect three voting members, while Ethena Labs Research will serve as a non-voting advisor; if it does not pass, five members will be elected as originally planned.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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