Yano 🟪
@JasonYanowitz
co-founder @blockworks // host @theempirepod
Joined January 2013
2.6K Following 128.9K Followers
Great analysis on the Ethena fee switch
1/ Exciting news, the ENA fee switch is coming!
We backtested the @ethena new design across 705 days of real protocol revenue, USDe supply and ENA prices to see what it would actually have done.
$52.7M a year of ENA buybacks in the months it would have been running. Here is how it works and what we found 🧵
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