The Streamflow protocol has reported a significant revenue generation during the week of September 15th to 21st, highlighting its commitment to rewarding its community and enhancing trust among its stakeholders. The report highlights positive developments indicating that the protocol is on a promising growth trajectory.
Streamflow Revenue Overview
During this period, Streamflow generated approximately $81,900 in total revenue. Out of this amount, $19,400 was specifically allocated for STREAM buybacks through their Active Staking Rewards program.
Impact of Buybacks on STREAM Tokens
As a result of this initiative, nearly 338,000 STREAM tokens were purchased on the open market. These tokens were then distributed directly to active stakers, reinforcing the protocol's dedication to rewarding its holders. This strategic move not only incentivizes participation but also aims to strengthen community trust in the Streamflow ecosystem.
As XRP Tundra continues to set a benchmark for transparency in the crypto space, the broader implications of digital finance are also unfolding in Kazakhstan. Currently, Air China is making headlines with its pilot program for XRP payments, which aims to revolutionize the travel experience for its PhoenixMiles members. For more details on this initiative, you can read the full article here.
