🚨 $ENA 回购提案获全票支持，代币经济迎来重大变化🔥
On August 27, Ethena proposed a fee-conversion plan, intending to use future business net revenue for programmed ENA buybacks. The official governance proposal shows that after USDe reaches the first $7.5 billion supply milestone, 95% of the foundation-related business net revenue will be used to repurchase ENA.
More importantly, Ethena also plans to end the monthly unlock pressure on early investors, further reducing potential sell pressure in the market.
After the announcement, ENA strengthened noticeably in the short term.
Put simply:
Previously, token supply was continuously being released; now they’re starting to figure out how to buy back those tokens.
But note that the buyback mechanism won’t be activated immediately—it will first require waiting for the governance vote to pass, and USDe also needs to reach the $750 million threshold.
📌 One-sentence summary:
With reduced supply-side issuance and demand-side buybacks, if USDe continues to grow later on, the supply-demand logic for ENA is indeed changing. 🔥$SKR $MOVR #ENA #BMT #TRUMP #ARİA #TAC
On August 27, Ethena proposed a fee-conversion plan, intending to use future business net revenue for programmed ENA buybacks. The official governance proposal shows that after USDe reaches the first $7.5 billion supply milestone, 95% of the foundation-related business net revenue will be used to repurchase ENA.
More importantly, Ethena also plans to end the monthly unlock pressure on early investors, further reducing potential sell pressure in the market.
After the announcement, ENA strengthened noticeably in the short term.
Put simply:
Previously, token supply was continuously being released; now they’re starting to figure out how to buy back those tokens.
But note that the buyback mechanism won’t be activated immediately—it will first require waiting for the governance vote to pass, and USDe also needs to reach the $750 million threshold.
📌 One-sentence summary:
With reduced supply-side issuance and demand-side buybacks, if USDe continues to grow later on, the supply-demand logic for ENA is indeed changing. 🔥$SKR $MOVR #ENA #BMT #TRUMP #ARİA #TAC
