ether.fi allocates 5% for buybacks: ether.fi, with nearly 10,000,000,000 USD in total value locked, proposes to allocate 5% of its protocol revenue for buybacks. This strategic move allows for rewarding ETHFI stakers and potentially elevating the token’s utility within its rapidly growing ecosystem.
Voting on the proposal by tokenholders: The initial rewards are designated for ETHFI stakers who’ve held their tokens for at least one month. A tokenholder vote, set for this week, will decide the proposal, emphasizing community engagement in ether.fi’s direction.
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