🚨 ENA'S $7.5B BUYBACK TRIGGER IS STILL THE BIG STORY!
Ethena's tokenomics have a major milestone ahead.
🔥 What's happening?
- ENA's fee-switch proposal has passed governance.
- 95% of the foundation's net revenue is allocated to potential ENA buybacks.
- The first activation threshold is $7.5 billion in USDe supply.
- Recent reporting puts USDe around $4.8 billion, still below the target.
Why it matters: Reaching the threshold could connect protocol revenue directly to ENA buyback demand.
Watch next: USDe growth and official buyback activation.
$ENA
.
.
.
#Ethena #Crypto
Not financial advice. DYOR.
Ethena's tokenomics have a major milestone ahead.
🔥 What's happening?
- ENA's fee-switch proposal has passed governance.
- 95% of the foundation's net revenue is allocated to potential ENA buybacks.
- The first activation threshold is $7.5 billion in USDe supply.
- Recent reporting puts USDe around $4.8 billion, still below the target.
Why it matters: Reaching the threshold could connect protocol revenue directly to ENA buyback demand.
Watch next: USDe growth and official buyback activation.
$ENA
.
.
.
#Ethena #Crypto
Not financial advice. DYOR.
