ETH Strategy will initiate a two-month linear unlocking program for STRAT tokens on November 29, 2025, targeting early backers known as "PreSaylors." To mitigate market selling pressure, the protocol plans to use ETH from its treasury to buy back and burn STRAT if its price drops below its net asset value (NAV). This move aims to reduce circulating supply and bolster the token's economic model. Additionally, ETH Strategy will introduce a vault lending product two weeks post-unlocking, enabling STRAT holders to borrow ETH at a discount slightly below NAV. The project also offers a limited-time option for PreSaylors to redeem 80% of their initial ETH commitment by burning NFTs. Previously, ETH Strategy raised 8,142 ETH through private and public rounds, with a token price of 1 ETH for 10,000 STRAT. The protocol has also partnered with Lido to invest in stETH for compound interest returns.