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RHEA Finance continues to make moves within its ecosystem. They have just completed a second buyback round, this time for 2.5 million RHEA tokens, adding to the 5 million they had previously collected. Basically, the ZEC lending platform is betting heavily on its own token.
But what's interesting is that they’re not just doing buybacks. Now they are launching monthly distributions of oRHEA as rewards. According to reports, this is the first time RHEA Finance has activated this system regularly. The idea seems to be to keep holders engaged with periodic income.
In ZEC, they are quite active with projects like this. RHEA Finance positions itself as an option in the ecosystem’s lending market, and these buyback and monthly reward movements suggest they want to solidify their position. We’ll see how the market responds to these measures.