Ether.fi Foundation Executes Buyback and Distribution Actions

The Ether.fi Foundation has provided updates on the buyback and distribution of ETHFI tokens. The foundation recently purchased 264,000 ETHFI tokens using $314,000 in protocol revenue this week. This was accomplished through a series of actions that included destroying approximately 155,000 ETHFI tokens and distributing an additional 108,000 ETHFI tokens to sETHFI holders.