🗃️ @EkuboProtocol Dossier#4- Oracle Pools and Buyback

🔸 The main @Starknet protocol continues to innovate, two major proposals have been approved and already implemented:

- Buyback of $EKUBO (Buyback);

The Buyback proposal allows the withdrawal of USDC/STRK/ETH revenue and the repurchase of EKUBO tokens by DCA.

⚠️ IMPORTANT: It has not yet been decided what to do with the $EKUBO tokens acquired via BuyBack. Holders are still deciding on the drafting of the proposal, one of the possibilities is distribution to $EKUBO STAKERS.

- Oracle pools with liquidity;

The new $EKUBO oracle allows developers to create a price oracle that is completely resistant to on-chain manipulation, locking an amount of liquidity in the EKUBO/token pool.

The oracle allows developers to query historical prices and calculate realized volatility on-chain.

🔸 Even the @OpusMoney project has created its $CASH / $USDC oracle pool

- @StarknetFndn CATALYST PROGRAM

As I previously reported, EKUBO's DAO received 6M $STRK from #Starknet's Catalyst program, with 3M $STRK unlocked immediately.

The remaining tokens will be vested monthly over the next 4 years.

EKUBO has already used 180,000 $STRK to power the first vote that fixed TWAMM.

To maintain a 1-1-1 USDC/ETH/STRK treasury ratio, 2.82 million $STRK was sold, yielding 224.05 $ETH and 746,093 $USDC.

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