
Ether.fi’s governance community authorized a major token buyback initiative to bolster market confidence and support its decentralized finance ecosystem.
Ether.fi’s governance community has voted to implement a large-scale token buyback program aimed at stabilizing its native ETHFI token and reinforcing its role in decentralized finance. The plan allows up to $50 million in repurchases whenever the price drops below $3, with 99.32% of DAO members voting in favor. The initiative takes immediate effect and will continue until the cap is reached, the foundation terminates it, or governance modifies the terms. Funding will come from Ether.fi’s treasury, underscoring its strategic commitment to market stability.