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Ether.fi Protocol Allocates Revenue for $ETHFI Buyback | Flash News Detail | Blockchain.News

Ether.fi Protocol Allocates Revenue for $ETHFI Buyback

12/10/2024 12:26:29 AM

Ether.fi Protocol Allocates Revenue for $ETHFI Buyback

According to @ether_fi_Fdn, the ether.fi protocol reported a revenue of US$3.5 million in November. From this revenue, 5% has been allocated to purchase 89,000 $ETHFI tokens as part of a buyback and liquidity provision program. This strategic move is likely aimed at supporting the token's price and enhancing its market liquidity. (Source)

Ether.fi $ETHFI buyback liquidity provision

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