ether.fi proposes to use up to 50% of protocol revenue to purchase ETHFI
The Ethereum liquidity collateral protocol ether.fi Foundation has officially announced that the first community proposal has been launched. The proposal suggests using up to 50% of the protocol's revenue to purchase ETHFI, with an initial use of 5% of the revenue per month. Future increases will be decided by community voting.The purchased ETHFI will be used to establish a treasury and create a liquidity pool on Curve to increase ETHFI's on-chain TVL.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Bitget Spot Margin Announcement on Suspension of MAVIA/USDT, BADGER/USDT, BAN/USDT, PONKE/USDT, FLOCK/USDT Margin Trading Services
