Ethena proposed reducing the number of risk committee members from 5 to 3.

According to ME News, on January 27th (UTC+8), Ethena Labs Research proposed a vote by ENA token holders before next week's election to reduce the number of voting members on the Risk Committee from five to three. Ethena Labs Research believes that reducing the number of members will facilitate a clearer division of labor, covering specific areas such as DeFi lending exposure, reserve funds and redemption requirements, protocol partner integration, and collateralized assets. Furthermore, reducing the number of members will allow the Ethena Foundation to increase member compensation, encouraging them to allocate more resources. If the proposal passes, ENA and sENA holders will elect three voting members, with Ethena Labs Research serving as an advisory member (non-voting member). If the proposal fails, the original plan will proceed with electing five members. (Source: ME)