🔥 ENA'S $7.5 BILLION MILESTONE COULD TRIGGER A MAJOR BUYBACK SHIFT!
Ethena has approved a revenue-based buyback mechanism, but there's one important condition.
Here's the latest verified update:
- At $7.5B USDe supply, 5% of protocol revenue is allocated to ENA buybacks.
- At $10B, the allocation rises to 10%.
- At $15B, it reaches 15%.
- At $20B, it reaches 20%.
- The first milestone has not yet been reached.
Key takeaway: The buyback framework is approved, but actual buybacks depend on USDe supply reaching the required threshold.
$ENA
.
.
.
.
#ENA #ethena #crypto
Not financial advice. DYOR.
Ethena has approved a revenue-based buyback mechanism, but there's one important condition.
Here's the latest verified update:
- At $7.5B USDe supply, 5% of protocol revenue is allocated to ENA buybacks.
- At $10B, the allocation rises to 10%.
- At $15B, it reaches 15%.
- At $20B, it reaches 20%.
- The first milestone has not yet been reached.
Key takeaway: The buyback framework is approved, but actual buybacks depend on USDe supply reaching the required threshold.
$ENA
.
.
.
.
#ENA #ethena #crypto
Not financial advice. DYOR.
