Etherfi DAO has unveiled a significant proposal aimed at bolstering the value of its ETHFI token through a buyback program. This initiative comes at a time when the token's market price has fallen well below the activation threshold, prompting the DAO to take action to stabilize its value. Based on the data provided in the document, the buyback strategy is expected to enhance investor confidence and support the token's recovery.
Proposed Buyback Program
The proposed buyback program will allocate up to $50 million for purchasing ETHFI tokens when their price dips below 3 ETHFI. As of October 31, 2025, the token was trading at approximately 0.93 ETHFI, indicating a substantial opportunity for the DAO to intervene.
Utilization of Annualized Fees
Utilizing the protocol's annualized fees, which are around $360 million, the buyback aims to support the token's market performance. The Foundation will be authorized to buy ETHFI on the open market until the $50 million cap is reached or until governance decides to halt the program.
On-Chain Reporting and Governance Vote
In addition to the proposal, the DAO has released on-chain reporting and initiated a four-day Snapshot vote to seek approval for the buyback plan. If the vote passes, the buyback will start immediately and will continue until one of three conditions is met: reaching the $50 million limit, a decision by the Foundation to cease purchases, or a new governance vote. Market participants are keenly observing the developments as the governance vote approaches.
As Etherfi DAO proposes a buyback program to stabilize its ETHFI token, Bitcoin is currently experiencing a consolidation phase, with prices fluctuating significantly. For more details, see the full article here.
