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Ethena Risk Committee Elections - Third Term

Voting ended 6 months agoSucceeded

Intro

Following the conclusion of the application period, we are pleased to present the final list of shortlisted candidates for the Risk Committee election. 6 successful candidates out of the 7 applicants will earn a seat on the Ethena Risk Committee for the next 6 month term.

Note: This vote will be conducted using an Approval voting method - ENA holders will vote for any candidate they approve of and each candidate will receive a full weight of votes. Voters can select multiple choices. This is different to the runoff method that was used last time, due to the fact there are only 7 applicants for 6 seats in this election and therefore no need for a runoff method.

The ENA community will elect 6 members to the Risk Committee out of the 7 candidates below:

Shortlisted Candidates

Current Risk Committee Members Seeking Reelection:

  • Block Analitica
  • Blockworks Advisory
  • Ethena Labs Research (Non-voting member)
  • Llama Risk
  • Steakhouse Financial
  • Untangled

New Applicants

  • Kairos Research

Next Steps

The above candidates will proceed to the voting phase, which will take place through a Approval Voting process on Snapshot, allowing ENA holders to vote for all the candidates they approve of. There are 6 seats available on the Committee for the 7 applicants. The vote will run for 6 days.

Off-Chain Vote

Ethena Labs Research
587.98K ENA22.9%
Blockworks Advisory
128.84K ENA5%
Llama Risk
597.6K ENA23.3%
Steakhouse Financial
484.9K ENA18.9%
Block Analitica
36.61K ENA1.4%
Untangled
98.81K ENA3.9%
Kairos Research
631.64K ENA24.6%
Quorum:121%
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Discussion

EthenaEthena Risk Committee Elections - Third Term

Timeline

Jul 28, 2025Proposal created
Jul 28, 2025Proposal vote started
Aug 03, 2025Proposal vote ended
Feb 03, 2026Proposal updated