DePIN News: Helium Buybacks, Nubila Major Partnership, SkyX TGE Delay, and More

DePIN News: Helium Buybacks, Nubila Major Partnership, SkyX TGE Delay, and More

The freshest DePIN updates across the industry so you never miss a beat.

In this issue

🪙 Helium to Buy Back Tokens from the Open Market
🤝 Nubila Partners with WYZE to Expand Real-World Data Network
☁️ SkyX Delays TGE for Better Liquidity and Support
😮 Aethir Cancels Season 3 Airdrop, Redirects $34M to Treasury
📅 Dabba TGE announced

ROI recap of the week

🛜 Helium WiFi: ~ $0.79/day; ROI ~315–651 days

☁️ WeatherXM: ~ $0.14/day; ROI ~2,857 days

📡 GEODNET: ~ $1.56/day; ROI ~445 days

🤖 Aethir Edge: ~ $0.60/day; ROI ~2,333 days

🔮 Entropy: ~ $0.62/day; ROI ~384 days

Helium NOVA WiFi unit count rose to 31,846, up 137 WoW, while converted WiFi climbed 965 to 81,857. High-performing indoor hotspots now earn around 4.17 HNT/day (~$7.59), with an ROI near 32 days. Average indoor units generate ~0.62 HNT/day (~$1.13) with an ROI of ~220 days, while outdoor units average ~0.26 HNT/day (~$0.48) and an ROI of ~1,041 days.

WeatherXM network data quality slipped again to 69% (nine-week decline). With daily earnings around ~2.09 WXM (~$0.14), ROI remains long at ~2,857 days (~8 years).

GEODNET added 156 units (stable state total: 16,932), with units maintaining a healthy ~445-day ROI.

If you are actively deploying coverage, the following can help expand your footprint: 10x Bundle Helium Mobile Outdoor Wifi Hotspot, 20x Bundle Helium Mobile WiFi Indoor Hotspot, and for high-precision coverage, 5x Bundle Geodnet MobileCM (Triple-band) or 10x Bundle Geodnet MobileCM (Triple-band).

Helium to buy back tokens from the open market

Helium HNT buybacks graphic

Helium is changing how it burns $HNT. Previously, the team burned tokens from its own treasury to match Helium Mobile revenue, reducing supply in theory but not impacting the market since no tokens were bought first.

Now, Helium will buy $HNT from the open market before burning it, permanently removing those tokens from circulation. This introduces real buying pressure and a modest deflationary effect that could help stabilize the token over time.

You can view the new buyback wallet on Solscan. Source

Nubila partners with WYZE and raises $8M to expand decentralized weather and real‑world data network

Nubila partnership with WYZE

Nubila has partnered with WYZE, the smart home company known for affordable cameras, lights, and sprinklers, to create the first weather-based smart home system powered by decentralized data.

Using real-time, on-chain weather data from Nubila’s oracle network, WYZE devices can respond dynamically — sprinklers can pause when rain is forecasted, and HVAC systems can adjust to temperature and humidity changes.

This showcases a real consumer use case for DePIN weather data, where blockchain and IoT improve everyday living. Users can also power the Nubila network by validating weather data via Nubila - Cloud Node, Nubila - Sunny Node, or Nubila - Rainy Node.

Nubila also raised $8M in seed funding, bringing total funding to $10.5M. Source

SkyX delays TGE for better liquidity and support

SkyX Network announced a delay to its Token Generation Event (TGE), citing market conditions and the need for stronger alignment with upcoming DePIN ecosystem launches. The decision aims to ensure better liquidity, exchange support, and a healthier long-term token economy. Source

See what others are saying about the TGE pushback in the Moken Forum.

Aethir cancels Season 3 airdrop, redirects $34M to treasury

Aethir airdrop update

Aethir surprised its community by canceling its Season 3 airdrop, which was set to distribute 1.26B ATH (~$34M). Those tokens will now go to the Aethir Digital Asset Treasury (DAT) to support network sustainability.

The team also scrapped Tokenomics 2.0, sticking with the older 1.0 model, meaning device owners earn about 20 ATH/day, far less than expected. Source

Dabba TGE announced

Dabba announced on Discord that their TGE is scheduled for sometime in December, with the Genesis Liquidity Pool set to open one week prior. Source

Helium proposes ending Mobile PoC rewards

A new HIP from AndrewedMD and Ferebee proposes eliminating Mobile Proof-of-Coverage (PoC) rewards entirely.

Currently, 70% of HNT emissions go to mobile hotspot owners, mostly for data transfer ($0.50/GB) and some for PoC. Under the plan, PoC rewards would stop and the excess emissions would be redirected into an escrow fund that later subsidizes data transfer if HNT’s price drops too low to maintain the $0.50/GB rate.

In short: no more PoC rewards; incentives would come only from real network usage. The proposal aims to prevent gaming if HNT prices rise too high, keeping rewards tied to genuine data activity. Source

JD’s take

JD commentary

Personally, I’m happy to see Helium choosing to buy tokens from the open market; hopefully that leads to some upward price action. Nubila and WYZE seem to be making real-world moves that everyday people can actually interact with, without even realizing it’s crypto.

Aethir, on the other hand, doesn’t seem to be on the community’s side. As for SkyX, they should just TGE already instead of waiting for the “perfect” moment; at this rate, that moment might never come.

For Helium PoC, instead of constantly chasing the $0.50/GB data model, why not just lower the price? Is $0.15/GB the end of the world?

Upcoming drops: Oct 27

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