Mint
All mints' proceeds are preserved and converted into eGLD in Wavenode's wallet, then put into liquid staking on HATOM PROTOCOL. 100% of the generated USDC rewards are used to maintain the eDIA token price by repurchasing at market value:
-70% of repurchased eDIAs are burned
-30% of eDIAs are held in the wallet awaiting DAO decisions.
Additionally, 50% of staking rewards are used to support the eDIA price. The remainder is retained by WAVENODE for management and transaction fees.
Last modified 2mo ago