The collaboration between Sui, SUIG, and Ethena is highly complementary, integrating the elements of currency, stock, and stablecoin, creating an upward flywheel. For Sui, the stablecoin provides increased TVL, while SUIG continuously purchases Sui. For SUIG, the support of suiUSDe allows for greater real returns, which can be used for stock dividends or to accumulate more Sui to contribute to the company's net assets. For Ethena, the stablecoin, built on Sui's infrastructure, offers a better user experience and faster circulation. With the combined efforts of these three parties, an upward flywheel has been formed. To help you understand, let's use Apple as an example. This will help you understand why US stocks continue to rise. How Apple's stock buybacks work: 🔸Reducing outstanding shares: Apple uses its massive cash reserves or funds raised through bond issuance to repurchase its own shares on the open market. (This is equivalent to SUIG continuously buying SUI shares in the market after raising funds, locking in their positions.) 🔸Boosting Earnings Per Share (EPS): When a company repurchases shares, the number of outstanding shares decreases. With the company's net profit remaining constant, earnings per share (EPS = net profit divided by total outstanding shares) will increase. (Increasing the amount of cash held per share of SUIG increases the company's net worth.) 🔸Increasing Stock Attractiveness: Rising earnings per share are often interpreted by the market as increased profitability, attracting more investors and driving up the stock price. Bond Financing: Funding stock repurchases (equivalent to Ethena providing Sui with cash flow and sufficient funds). Apple raises funds through bond issuance and then uses this money to repurchase shares, driving up the stock price. Rising stock prices increase shareholder wealth, creating a virtuous cycle. Since then, Flywheel has brought the entire US stock market ecosystem to cryptocurrencies, stocks, and stablecoins. Sui's founder, @EvanWeb3, graduated from Apple and witnessed Apple's rapid growth over the past decade, deeply influenced by its culture. It's no surprise that he's mastered this Flywheel system. #SUİ #ENA