Ether.fi Foundation utilizes 73 ETH protocol revenue for purchase of 264,000 ETHFI tokens

This week, Ether.fi Foundation repurchased 264,000 ETHFI using 73 ETH, which is approximately valued at 314,000 USD. This highlights the foundation’s strategy to manage token supply effectively.

In addition to the repurchase, the foundation destroyed 155,000 ETHFI tokens to lower supply and distributed 108,000 tokens to sETHFI holders, aiming to enhance value for stakeholders.

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