• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ether.Fi considers buybacks to incentivize ETHFI stakers

user avatar

by Giorgi Kostiuk

a year ago

Decentralized finance protocol Ether.Fi has proposed allocating a portion of its revenues to buy back ETHFI tokens and distribute them to stakers.

Ether.Fi Revenue Distribution Proposal

Ether.Fi has proposed allocating 5% of protocol revenue to buy ETHFI tokens to distribute among ETHFI stakers, aiming to enhance token utility and strengthen market position. Rewards will initially be available only to stakers holding for at least one month.

Restaking and Its Advantages

Restaking allows tokens already staked for rewards to be used for securing other protocols, increasing liquidity and overall value locked in DeFi. Ether.Fi is the fourth most popular protocol with nearly $10 billion TVL.

Competition and Market Trends

Ether.Fi competes with protocols like Renzo and Kelp as restaking becomes more popular. Other DeFi projects like Ethena and Aave are also implementing value-accrual mechanisms for their tokens to share revenues with holders.

The proposal decision will be finalized at the end of the week following a tokenholder vote, highlighting the increasing pressure on DeFi protocols to offer value to their investors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Significant Shift in XRP Whale Activity Observed

chest

A recent report highlights a significant decline in whale inflows to Binance, suggesting a change in large holder behavior regarding XRP.

user avatarJesper Sørensen

BNB Chain's RWA Ecosystem Approaches Key Milestone

chest

BNB Chain's RWA ecosystem has seen significant growth, reaching a total value of $396 billion and nearly 50,000 asset holders.

user avatarRajesh Kumar

Anthony Pompliano Claims Most of the Crypto Industry is Dead

chest

Bitcoin investor Anthony Pompliano claims that most of the crypto industry is dead and will not recover, highlighting the prevalence of ghost chains and zombie coins.

user avatarLucas Weissmann

Arthur Hayes Adjusts Bitcoin Price Target to $125,000

chest

Arthur Hayes revises Bitcoin price target from $500,000 to $125,000, citing the need for significant money printing and a reassessment of market conditions.

user avatarEmily Carter

Tokenized US Treasury Market Hits $8 Billion Milestone

chest

The market cap of tokenized US Treasuries on Ethereum has reached an all-time high of $8 billion, reflecting a remarkable growth of 100% over the past six months.

user avatarTomas Novak

Arthur Hayes Discusses Bitcoin Price Control Factors at Consensus Miami 2026

chest

Arthur Hayes discusses Bitcoin's value being primarily influenced by the expansion of the fiat money supply at Consensus Miami 2026.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.