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
CandyBomb x PWT (Episode 2): Trade to share 45,000 USDT
Announcement on the removal of the "Signal Calls" feature from the app
[Initial listing] Bitget to list MAGNE.AI (MHA)
CandyBomb x DGAI (Episode 2): Trade to share 50,000 USDT
