#Ethena拓展股票基差交易并启动ENA回购

知行合一，所以这波我吃到肉了 这个上涨的小碎步真稳 ＃ENA https://t.co/2vHwhRRZXX

ENA +70% in TWO daily candles. There are so many "ETH betas" that STILL are not reflecting their true fair value and will violently catch up/reprice just like ENA did. If you're here, you're early as fuck. You're not late because you didn't capitalize on the first day or the second day or the third day. Most normoids don't have ANY MONEY in crypto to utilize, they're on-ramping to acquire stables to buy and that's a whole process. World Tokenization Supercycle. ~ Dr. Axius.

Ethena and FalconX Establish a $1 Billion Secured Warehouse Facility to Expand Return Sources for USDe-Backing Assets Ethena and digital-asset prime broker FalconX have established a $1 billion secured warehouse facility to deploy assets backing USDe into overcollateralized institutional loans. FalconX will originate, service and manage the collateral for loans used in trading strategies, corporate treasury management and payments. The arrangement gives Ethena an additional source of returns beyond perpetual-futures funding rates. Collateral will be held by qualified third-party custodians, with Ethena holding a first-priority security interest over the facility’s assets.

Major for Ethena Guy and team are firing on all cylinders

Ethena Buys Out All Locked Tokens from Seed Investors Who Sold ENA in Last 9 Months Ethena Foundation has announced four major updates across the Ethena ecosystem: First, the Foundation executed a buyout of all locked tokens from certain major seed investors that sold any ENA within the last 9 months; second, the Foundation and Ethena Labs reached agreement on a Master Framework Agreement, whereby IP and ownership of value accrued by the protocol is assigned to the Foundation exclusively and governed by token holders with no residual cash flow due to equity investors in the Labs entity. Third, a governance proposal is now live for the implementation of the fee switch, whereby net revenue accrued across all business lines under the Ethena brand will be used to programmatically buy back the ENA token; fourth, the Foundation and lead investors agreed to eliminate future overhang associated with monthly VC investor unlocks by releasing unvested tokens, while all team tokens remain locked per the original vesting schedules.

Ethena终于开始正面解决ENA“协议赚钱、代币不赚钱”的问题了 买断早期投资人筹码、取消月度解锁、把协议经济权益装进治理，再拿最高95%的净收入回购ENA，四招一起上，ENA一周反弹近60%。 但回购引擎有个关键前提：USDe必须重新增长。 所以这轮改革解决的是“钱赚了怎么回到ENA”，真正的下一关，还是Ethena能不能把钱持续赚回来。

牛回了，15个加密项目，正在重写自己的代币经济模型！ 从通胀下调、回购销毁，到解锁节奏调整和质押机制升级，过去几个月，项目方开始更直接地回应市场对“价值捕获”的关注。 本期梳理 Ethena、Solana、Polygon、NEAR、Aptos、World 等 15 个项目的关键变化，一图看懂它们分别做了什么。 你更看好哪一种代币经济改革？🤑

$ENA is a super strong one, check my recent repost. They bought out all previous big investors and turned the fee switch on. I am sure some % of this move up was due to this move but overall, ENA should perform pretty well from here on out in bull market conditions. I have a bag. https://t.co/Wr2uN44kD4