Proposal: Reduction of Risk Committee members from 5 to 3

Summary

Background After reflecting on how to best position the Risk Committee for success going forward, Ethena Labs Research is seeking to put forward a proposal for broad ENA tokenholder vote ahead of next week’s elections, suggesting a reduction in Risk Committee size from 5 to 3 voting members. It is our strong belief that a reduction in Risk Committee members from 5 to 3 enables the following productivity and operational benefits: 1. A smaller committee allows each member to take clearer...