Ethena: Proposes reducing the number of Risk Committee members from 5 to 3

Odaily Planet Daily News: Ethena Labs Research proposes that, before next week’s election, ENA token holders vote to reduce the number of Risk Committee members from 5 voting members to 3. Ethena Labs Research believes that reducing the number of members will help clarify responsibilities, covering specific areas such as DeFi lending exposure, reserve funds and redemption requirements, protocol partner integrations, and collateral assets. Additionally, reducing members will enable the Ethena Foundation to increase member compensation, encouraging it to allocate more resources. If the proposal passes, ENA and sENA holders will elect 3 voting members, and Ethena Labs Research will serve as a non-voting advisor; if it does not pass, 5 members will still be elected as originally planned.