The Ethena Buyback Mirage: 5% vs 95% and the Governance Gap
The logic held until the ledger lied. Ethena's governance forum is a study in...
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The logic held until the ledger lied. Ethena's governance forum is a study in...
Ethena's Buyback Paradox: 27% Pump, 87 Wallets, and a Formula That...
Fear
Market Sentiment
Improves data availability sampling efficiency
Circulating supply increases by about 2%
Team and early investor shares released
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
92 million ARB released
Block reward halving event
Bitcoin Season