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  七七Sep 10, 2026, 11:42 AM

  The buyback won't start right away. The Fee Switch approved on Sept. 2, 2026 is the mechanism that directs part of the protocol's revenue toward ENA buybacks, and its first condition is that USDe supply reach $7.5 billion. CoinGecko data currently shows USDe at about $4.336 billion, so we first need USDe to grow.

  七七:The buyback won't start right away. The Fee Switch approved on Sept. 2, 2026 is the mechanism that directs part of the protocol's revenue toward ENA buybacks, and its first condition is that USDe supply reach $7.5 billion. CoinGecko data currently shows USDe at about $4.336 billion, so we first need USDe to grow.