Ether.Fi has proposed allocating 5% of its protocol revenue to buy back ETHFI tokens and reward stakers, aiming to enhance the token's utility and align user incentives with the platform's growth. This initiative will initially benefit tokenholders who have staked ETHFI for at least one month, with a decision expected by the end of the week following a tokenholder vote. The protocol, which has nearly $10 billion in total value locked, has generated around $60 million in revenue since its launch in 2023.
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