Foresight News reports that the ether.fi community has released a proposal for “ETHFI Buyback Plan Fund Deployment.” The proposal includes authorizing the foundation to use part of its treasury funds to conduct buybacks when the market price of ETHFI Token falls below $3, with a total cap of $50 million. The goal is to continuously accumulate ETHFI during the period when the trading price of ETHFI is below this threshold and to increase the proportion of protocol earnings used for buybacks.
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The ether.fi community has released a proposal for the "ETHFI Buyback Plan Fund Deployment."
Foresight News reports that the ether.fi community has released a proposal for “ETHFI Buyback Plan Fund Deployment.” The proposal includes authorizing the foundation to use part of its treasury funds to conduct buybacks when the market price of ETHFI Token falls below $3, with a total cap of $50 million. The goal is to continuously accumulate ETHFI during the period when the trading price of ETHFI is below this threshold and to increase the proportion of protocol earnings used for buybacks.