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ether.fi proposes to use up to 50% of protocol revenue to purchase ETHFI

CointimeCointime2024/06/20 07:53
By:Cointime

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.

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