🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
The Fluid community has initiated a Token buyback proposal, presenting three buyback models.
Odaily News Fluid's COO DMH initiated a proposal for repurchasing FLUID at the governance forum. The proposal outlines three repurchase models: 1. Model One is a dynamic repurchase based on FDV. In this model, the percentage of revenue allocated for repurchase will depend on FLUID's FDV. If the FDV is below $500 million, 100% of the revenue is used for repurchase, and as the FDV increases, the allocation ratio for repurchase will decrease according to a specific function curve. 2. Model Two is a repurchase based on the 30-day time-weighted average price (TWAP). If the current price is below the 30-day TWAP, 100% of the revenue is used for repurchase; if the current price is above the 30-day TWAP, there will be no repurchase. 3. Model Three is a hybrid mechanism. In a bull run, the protocol minimizes repurchases and retains revenue; in a Bear Market, Model One's function curve will be applied to adjust the scale of repurchase based on FDV, ensuring more aggressive repurchase when the token is severely undervalued. 4. Additionally, the proposal also supports discussing the option of not repurchasing, which means retaining more revenue for growth and reinvestment.