đš ENAâS BIGGEST TOKENOMICS CHANGE IS NOW IN EFFECT
Ethenaâs remaining original investor token unlocks were accelerated to October 5, ending the previous monthly investor-unlock schedule.
But thereâs another major development: Ethena governance approved a fee switch that can direct up to 95% of allocated net revenue toward ENA buybacks once USDe supply milestones are reached, starting at $7.5B.
The catch? Approval does not mean buybacks are already active. The supply trigger still matters.
Ethenaâs October 13 governance update also reported USDe supply at $4.94B at the end of Septemberâbelow that initial $7.5B threshold.
The real question is whether Ethena can grow USDe enough to activate the new revenue mechanism.
$ENA
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.
.
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#Ethena #Crypto #Write2Earn
Not financial advice. DYOR.
Ethenaâs remaining original investor token unlocks were accelerated to October 5, ending the previous monthly investor-unlock schedule.
But thereâs another major development: Ethena governance approved a fee switch that can direct up to 95% of allocated net revenue toward ENA buybacks once USDe supply milestones are reached, starting at $7.5B.
The catch? Approval does not mean buybacks are already active. The supply trigger still matters.
Ethenaâs October 13 governance update also reported USDe supply at $4.94B at the end of Septemberâbelow that initial $7.5B threshold.
The real question is whether Ethena can grow USDe enough to activate the new revenue mechanism.
$ENA
.
.
.
.
.
#Ethena #Crypto #Write2Earn
Not financial advice. DYOR.