Ethena's Fee Switch vote passed with 100% support. The protocol has now activated programmatic buybacks for ENA, with buybacks expected to scale as performance improves.
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Ethena
post-tge
Ethena is in post-TGE operations with protocol governance now active: the Fee Switch vote passed and programmatic ENA buybacks have been activated. Recent updates also show product expansion with a new Avalanche app, while Season 6 rewards and related drops were previously expected around June 19.
Next action: Watch for the Season 6 rewards claim opening and any follow-up announcements on buybacks or reward distribution.
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