The Ether.fi community has launched and nearly completed voting on a proposal to authorize the use of up to $50 million for an ETHFI token buyback program. The buyback will be executed by the Ether.fi Foundation specifically when the token's price drops below $3.00. Voting is set to conclude on November 4, 2025.
Key Details and Implications
- Buyback Trigger: The program is conditional, activating only when the ETHFI spot price is strictly below US $3.00.
- Funding Source: The $50 million (equivalent USD value) will be sourced from the Ether.fi treasury, utilizing surplus revenue generated from staking and operations. This highlights the project's financial stability.
- Goal: The initiative aims to enhance token stability, address liquidity concerns, and proactively manage the market dynamics of the ETHFI governance token.
- Community Confidence: The proposal has received 100% community approval so far, demonstrating strong confidence and consensus within the Decentralized Autonomous Organization (DAO).
- Market Effect: If the buyback commences, it is expected to generate immediate positive market effects and enhance market perception of the ETHFI token, signaling a deliberate treasury management strategy that mirrors similar stabilization tactics employed by other DeFi platforms.
The initiative underscores Ether.fi’s commitment to using its financial strength to maintain a stable market environment for its token.
November 2025, Cryptoniteuae