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Sky Innovation sold ENA worth $1.29 million to repurchase an equivalent amount of SKY.
BlockBeats news, on August 17, Sky (formerly MakerDAO) co-founder @RuneKek bought back 16.38 million SKY with 1.77 million ENA (worth 1.29 million USD) obtained from investments in the past 40 minutes. He received 1.77 million ENA, which should be investment income, from the Ethena vesting contract 40 minutes ago, then transferred it to the Address he used to buy back SKY, exchanging for 16 million SKY. Since early June, he has used the income from staking SKY (USDS and SPK) to buy back a total of 122 million SKY today with a total of 10.21 million USD, with an average price of 0.0836 USD.