Ethena proposed reducing the Risk Committee from five members to three.

PANews reported on January 27 that EthenaLabs_Research has proposed reducing the voting members of the Ethena Foundation Risk Committee from five to three, and has submitted the proposal to ENA and sENA holders for a vote. The proposal states that after the reduction, each member will be responsible for specific areas such as DeFi lending exposure, reserve funds and redemption needs, protocols and integrations, and underlying assets, thereby strengthening the division of responsibilities and proactive participation. It also allocates budget for increasing member compensation, supporting the formation of dedicated teams, and developing risk dashboards and simulation tools. If the proposal passes, only three voting members will be elected in the new committee, with Ethena Labs Research continuing to participate as a non-voting advisor; if it fails, five voting members will continue to be elected.