Ethena Labs Growth Head Steps Down, Cites Need For Rest

According to Odaily, Seraphim, the Head of Growth at Ethena Labs, announced on the X platform that he will be stepping down from his role. Despite this change, he plans to continue supporting the team in a different capacity. Seraphim explained that the company is transitioning into a new phase of development. He also expressed feeling fatigued with the DeFi sector, noting that he has not taken a proper break for several years and now requires some rest.