The Ether.fi community has put forward a proposal to allocate up to $50 million for the buyback of ETHFI tokens, specifically targeting prices below $3. This initiative, spearheaded by the Ether.fi Foundation, aims to stabilize the token's market dynamics and enhance liquidity. The buyback will be funded through surplus revenue generated from staking and operational activities. Voting on this proposal is set to conclude on November 4, 2025. This strategy aligns with similar measures adopted by DeFi platforms like Aave DAO to bolster investor confidence and maintain token valuation.
Ether.fi Proposes $50M Buyback for ETHFI Tokens Below $3
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