BlockBeats News, September 15, the Ethena Foundation has confirmed that the fee switch parameter set by the Risk Committee has been met. It is expected that once the Risk Committee approves the implementation details and completes the subsequent governance process, the fee switch for ENA will be activated.
The Ethena Risk Committee is currently discussing the implementation details, which will be made public once finalized—at which point ENA holders will be required to vote to approve the proposed framework.