Ethena Foundation: ENA fee conversion is to be activated after the risk committee signs implementation details and governance process

Huobi HTX reported that the Ethena Foundation issued a document on the X platform to confirm that the fee conversion parameters set by the Risk Committee have now been met. It is expected that the ENA fee conversion will be activated after the Ethena Risk Committee signs implementation details and further governance processes. The Ethena Risk Committee is discussing implementation details and, once finalized, will be publicly confirmed, by which time ENA holders will be asked to confirm the proposed framework by vote.