As we know, the Mantle Ecosystem has not yet exploded
However, Merchant Moe has already bought back 14% of its supply using 100% of revenue → distributed to $MOE holders
The average daily volume on Mantle is around $30M–$40M, but Merchant Moe consistently ranks as the top 1 DEX, accounting for 60–70% of the total volume
What if the daily volume reaches $300M, like other chains such as Arbitrum, Base, or BNB?
➢ Because Bybit will bring more campaigns to the Mantle Ecosystem
I sense $AERO and $CAKE vibes here
Lemme take a moment to flex a few stats from the last 18 months
- $1M in $MOE holder revenue
- $920k (92%) went towards MOE buybacks
- 19,300,000+ MOE purchased in buybacks (~14% of supply)
...and that was all before Ultrasound².
Now 91% less emissions, bigger prints (shout out $USDe / $MNT pool), bigger demand for $MNT. Things could get spicy 🥵
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