Project Development - STBL team is actively developing its platform [1] - Minting module is in final testing, targeting a live launch on October 10, 2025 [1] Tokenomics & Value - The protocol focuses on using fees to fund buybacks and burns [1] - Optimizing for protocol fees is fundamental to driving long-term protocol value and security [1] - Fee generation has a greater impact than raw TVL [1] Team - Crypto veteran Gabriel Abed is onboard [1]

Tokenomics & Community Governance - World LibertyFi 社区批准将 100% 的国库流动性费用用于回购和销毁 [1] - 回购和销毁计划将于本周开始实施 [1]

Buyback & Burn Program - WLFI Community approves using 100% of treasury liquidity fees for buyback & burn [1] - Implementation of the buyback & burn program starts this week [1]

Token Economics - World Liberty Fi's new token 可能变得更加稀缺，因为一项新的提案可能涉及回购和销毁 [1]

Group 1 - The coverage of Novartis is being resumed after a summer break, indicating renewed interest in the company [1] - A 39% duty on Swiss goods was enacted by Trump in early August, but pharmaceuticals are exempt due to the USA's reliance on Swiss pharmaceutical products [1] Group 2 - The article expresses a beneficial long position in Novartis shares, indicating confidence in the company's future performance [2]

Financial Strategy - ETHZilla authorizes a $250 million buyback program [1] - ETHZilla expands its Ether treasury to $489 million [1]

🚨 NEW: Sharplink Gaming has authorized a $1.5B stock buyback program. They currently have one of the largest corporate ETH treasuries, https://t.co/DisNiwfZjX ...

RT MultiBank.io (@multibank_io)🔥Official: $MBG Buyback and Burn on 27 August 2025We will repurchase $MBG and permanently remove tokens from circulation.Circulating supply drops and scarcity increases.The total amount of the Buyback & Burn will be announced soon.Buy before the burn: https://t.co/nTgPfJmWYT ...

Valuation & Financial Performance - The crypto company is being compared to a "PUMP" with an implied ~7x multiple [1] - The company's outstanding fully diluted valuation (FDV) is $29 billion, with 30-day annualized earnings of $12 billion, resulting in a P/E ratio of 24x [1] - The forward P/E is expected to be much lower due to growth [1] - The company is described as the "strongest cashflow generating machine in crypto" and is trading below the average P/E of the S&P 500 [1] Risks & Caveats - There is no firm commitment on the buyback percentage [1] - The durability of fees is a concern, with a question of whether the company has a "HL liquidity moat" or just a "pump launcher moat" [1] Strategic Advantages & Catalysts - The company possesses a "warchest" that allows it to eschew fees [1] - Upcoming catalyst events from raised funds are expected [1]

Proposal Overview - Lido DAO proposes a dynamic buyback of up to 70% for $LDO to return value to holders, utilizing idle stablecoins and stETH [1] - The proposal aims to ensure the DAO doesn't run out of development money by setting safeguard thresholds [1] - The proposal still needs to be discussed and voted on by the DAO [2] Treasury Management - 70% of new incoming assets will be allocated to $LDO buybacks, while 30% will be retained for operations and strategy [2] - If the treasury sits between $50 million and $85 million, buybacks will drop to 50% [2] - If the liquid treasury falls below $50 million, buybacks will stop entirely [2] Current Treasury Assets - The treasury holds $17 million in USDC, $119 million in USDT, and $122 million in DAI [3] - The treasury also holds 28,640 stETH, valued at approximately $105 million [3]