Ether.fi Proposes $50 Million ETHFI Token Buyback, Aims for Price Below $3

Ether.fi is proposing a $50 million buyback program for its ETHFI token, targeting prices below $3. This initiative, which has received unanimous community support with 100% approval, aims to address liquidity concerns and boost market stability for governance tokens. 💰 The proposal outlines the buyback policy, utilizing surplus revenue from staking and operations, and is directly controlled by Ether.fi Foundation’s DAO Governance Documentation.