Recently, the ENA project announced the completion of a new round of financing, raising up to 530 million. Combined with previous financing situations, industry insiders estimate that approximately 13% of the total amount of tokens have been sold, which is quite a considerable ratio in the industry.



It is worth noting that the ENA project has simultaneously announced its buyback strategy. When the price of ENA Token is above 0.7, it will repurchase 5 million dollars daily; if the price falls below 0.7 or decreases by more than 5% within a day, the daily repurchase amount will double to 10 million dollars.

In addition, the ENA Foundation is granted the authority to restrict the company from selling tokens. This measure is particularly important during market downturns, as holding coins without selling can effectively avoid losses.

This series of measures reflects the ENA project's emphasis on maintaining Token value and demonstrates its confidence in long-term development. However, whether such a large proportion of Token sales will affect future price performance still requires further market validation. While investors focus on the project's development, they should also cautiously assess its potential risks.
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FlashLoanKingvip
· 09-06 20:13
Laughing at the pros playing suckers
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RebaseVictimvip
· 09-06 14:50
Heard again about the buyback plan
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BlockchainThinkTankvip
· 09-06 14:46
Buyback is a trap.
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ContractHuntervip
· 09-06 14:38
Let's do a rebound for the bearish trend.
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GasFeeWhisperervip
· 09-06 14:36
The repurchase also depends on the gas price.
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SerNgmivip
· 09-06 14:28
Not much to see in this project.
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