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ether fi proposes buybacks for ethfi stakers to enhance utility and growth
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.
ocelex set to launch as key player in zircuit decentralized finance ecosystem
Ocelex is set to launch as a MetaDEX on Zircuit, a zkEVM-based Layer 2 ecosystem, focusing on community-driven participation and 100% revenue sharing among token holders. The public sale begins on December 9th, with a Dutch auction starting at $0.30 and decreasing to $0.06, aiming to establish Ocelex as a leading decentralized exchange. With strategic partnerships and a strong pre-launch performance, Ocelex is positioned to capture significant Total Value Locked (TVL) in the DeFi sector.
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