Sky Founder to Sell $1.29 Million ENA in Buyback for Equivalent SKY

BlockBeats News, August 17th, Sky (formerly MakerDAO) co-founder @RuneKek used investment to buy back 16.38 million SKY in the past 40 minutes with 1.77 million ENA (worth $1.29 million).

40 minutes ago, he claimed 1.77 million ENA from the Ethena vesting contract, presumably from an investment, and then transferred it to an address he used to buy back SKY, receiving 16 million SKY in return.

Since early June, he has used the yield from staking SKY (USDS and SPK) and today's ENA to buy back a total of 122 million SKY with $10.21 million funds, at an average price of $0.0836.