Ether.fi Approves $50M Buyback Program to Support ETHFI Price

The Ether.fi governance community has voted overwhelmingly in favor of a significant buyback program designed to stabilize ETHFI’s price and enhance long-term confidence among holders. The program, which was approved with near-unanimous support exceeding 99%, authorizes the project’s Foundation to allocate up to $50 million from its treasury to repurchase ETHFI tokens whenever the market price falls below $3.00.