🔥 ENA Buybacks Could Get Bigger — Ethena Sets Four Growth Targets!
Ethena has approved a new token buyback system linked to the growth of its USDe stablecoin.
Here's how it works:
• $7.5B USDe supply → 5% revenue allocation.
• $10B USDe supply → 10%.
• $15B USDe supply → 15%.
• $20B USDe supply → 20%.
• 95% of the net revenue received by the
Ethena Foundation from covered business lines is directed toward ENA buybacks.
Why it matters: ENA buybacks are designed to grow alongside Ethena's business, rather than follow a fixed schedule.
Can USDe growth activate the next buyback milestone?
$ENA
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.
.
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#Ethena #crypto
Not financial advice. DYOR.
Ethena has approved a new token buyback system linked to the growth of its USDe stablecoin.
Here's how it works:
• $7.5B USDe supply → 5% revenue allocation.
• $10B USDe supply → 10%.
• $15B USDe supply → 15%.
• $20B USDe supply → 20%.
• 95% of the net revenue received by the
Ethena Foundation from covered business lines is directed toward ENA buybacks.
Why it matters: ENA buybacks are designed to grow alongside Ethena's business, rather than follow a fixed schedule.
Can USDe growth activate the next buyback milestone?
$ENA
.
.
.
.
.
#Ethena #crypto
Not financial advice. DYOR.
