🚨 $ENA GOT A BIGGER BUYBACK STORY
Ethena's fee switch will direct 95% of net protocol revenue to $ENA buybacks once USDe's 14-day average supply reaches $7.5B.
Current USDe supply is still below that level.
So the big question is:
Can Ethena grow USDe enough to activate the buybacks? 👀
$USDE
Ethena's fee switch will direct 95% of net protocol revenue to $ENA buybacks once USDe's 14-day average supply reaches $7.5B.
Current USDe supply is still below that level.
So the big question is:
Can Ethena grow USDe enough to activate the buybacks? 👀
$USDE
