Last night $ENA officially confirmed: fixed-term markets are now live, with terms ranging from 3 to 12 months, and they’re ready to use.
They made two points in particular. First, these markets aren’t sustained by token incentives. Second, for related pools operated by third parties, the official team can now take half of the fees that would otherwise go to the platform treasury. Each pool starts with a cap of $50 million, which will be raised once it’s reached.
What I’m most interested in is what happens next on both fronts: whether the caps will fill up quickly, and whether this revenue-sharing model can generate steady income rather than remain just an announcement.
What do you think: does “no incentives, just fee sharing” mean the product can already stand on its own, or does it only count once the caps are filled?
#Ethena #FixedTerm
They made two points in particular. First, these markets aren’t sustained by token incentives. Second, for related pools operated by third parties, the official team can now take half of the fees that would otherwise go to the platform treasury. Each pool starts with a cap of $50 million, which will be raised once it’s reached.
What I’m most interested in is what happens next on both fronts: whether the caps will fill up quickly, and whether this revenue-sharing model can generate steady income rather than remain just an announcement.
What do you think: does “no incentives, just fee sharing” mean the product can already stand on its own, or does it only count once the caps are filled?
#Ethena #FixedTerm
