Ether.fi DAO Considers $50 Million ETHFI Token Buyback
A Proposal to Bolster Token Value
The Ether.fi Decentralized Autonomous Organization (DAO) is reviewing a proposal to buy back $50 million worth of its native ETHFI tokens. This move is intended to align the project’s treasury with community sentiment and support the token’s market value by creating buying pressure and reducing the circulating supply.
DeFi’s Billion-Dollar Buyback Trend
This proposal is part of a larger trend within the Decentralized Finance (DeFi) sector. Projects are increasingly turning to token repurchases as a way to return value to holders and signal confidence in their long-term prospects. According to recent market data, DeFi protocols have collectively executed over $1.4 billion in token buybacks, highlighting a strategic shift toward more mature token economics and capital management.