Streamflow's native token, $STREAM, has achieved a milestone with 51 million tokens staked, accounting for 37.7% of its circulating supply. This development has led to 27.6% of the protocol's revenue being directed towards hourly buybacks and staking rewards. The Active Staking Rewards model facilitates the purchase of $STREAM from the open market using protocol revenue, which is then distributed to stakers.
Between September 15 and 21, Streamflow generated $81,900 in revenue, allocating $19,415 for buybacks. This resulted in the distribution of 338,087 $STREAM tokens to stakers, highlighting the protocol's commitment to rewarding its community.
Streamflow's $STREAM Staked Supply Reaches 51 Million
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