Even Paxos has pledged to use 95% of its interest income for HYPE buybacks if it secures the USDH ticker. This effectively establishes Hari's structure of systematically investing - 99% of exchange fees, and - 95-99% of stablecoin interest income - in HYPE buybacks. It's rare to find a case where a company has designed a buyback model for its own tokens with such an aggressive approach. It seems the day is right when BNB's market cap will be overturned. x.com/paxos/status/19644222951...
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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