💥 Gate Square Event: #SOMI Creative Contest# 💥
Post original content related to SOMI or CandyDrop #76 on Gate Square for a chance to share 180 SOMI rewards!
CandyDrop 76: CandyDrop x Somnia (SOMI)👉 https://www.gate.com/announcements/article/46912
📅 Event Period: Sep 8, 2025 – Sep 15, 2025
📌 How to Participate:
Post original content related to SOMI or the CandyDrop event
Minimum 80 words
Add hashtag: #SOMI Creative Contest#
Include CandyDrop participation screenshot
🏆 Rewards:
🥇 1st Prize (1 winner): 60 SOMI
🥈 2nd Prize (3 winners): 30 SOMI each
🥉 3rd Prize (6 winners): 10 SOMI each
(T
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.