🚨 ENA BUYBACK WATCH: A Big Catalyst Is Still Waiting!
Ethena's tokenomics are entering an important phase.
CONFIRMED: Ethena's governance forum listed the ENA Fee Switch Activation update on October 12.
Why it matters: The framework links protocol revenue to potential ENA buybacks, subject to specific conditions.
BUT HERE'S THE CATCH: The buyback mechanism is not guaranteed to activate immediately. The required USDe supply threshold still matters.
What's next? Watch USDe growth, governance updates and official buyback confirmation.
Takeaway: Can Ethena turn protocol revenue into real ENA demand?
$ENA
.
.
.
#ethena #Crypto
Not financial advice. DYOR.
Ethena's tokenomics are entering an important phase.
CONFIRMED: Ethena's governance forum listed the ENA Fee Switch Activation update on October 12.
Why it matters: The framework links protocol revenue to potential ENA buybacks, subject to specific conditions.
BUT HERE'S THE CATCH: The buyback mechanism is not guaranteed to activate immediately. The required USDe supply threshold still matters.
What's next? Watch USDe growth, governance updates and official buyback confirmation.
Takeaway: Can Ethena turn protocol revenue into real ENA demand?
$ENA
.
.
.
#ethena #Crypto
Not financial advice. DYOR.
