Maple Finance mulls token buybacks
The DeFi protocol is proposing using 20% of revenues for monthly buybacks to boost benefits for stakers.
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The DeFi protocol is proposing using 20% of revenues for monthly buybacks to boost benefits for stakers.
Stablecoins and liquid staking tokens are continuing to drive TVL growth across DeFi.
Bitcoin bulls keep pushing for $100,000, and if they make it, SUI, ENA, SOL and ICP could also break out.
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
The asset manager has added tokens including HYPE, VIRTUAL, ENA and JITO to its list of the top 20 tokens to watch.
Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.
The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.
Ethena Labs has officially submitted a proposal to include its upcoming stablecoin, USDtb, in Spark’s liquidity competition.
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval.
