List of Flash News about Ether.Fi DAO proposal
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2025-10-31 03:59 |
Ether.Fi DAO Proposes Up to $50M ETHFI Buyback Below $3: Snapshot Vote and Trading Triggers
According to the source, the Ether.Fi community has proposed authorizing the foundation to use up to $50 million of treasury funds to repurchase ETHFI whenever the market price is below $3, with buybacks beginning immediately after DAO approval and continuing until the cap is reached, the foundation deems the plan complete, or a subsequent governance vote modifies or ends it; the proposal’s stated goal is to accumulate ETHFI below the threshold and increase the share of protocol revenue allocated to buybacks, with a 4-day Snapshot vote as the next step and the plan becoming effective upon approval and price condition; source: Ether.Fi governance forum proposal; Snapshot voting notice. |