The ether.fi community launched its first proposal to increase ETHFI on-chain liquidity and increase treasury holdings
Odaily2024/06/20 06:57
By:Odaily
Odaily News
Ethereum liquidity pledge protocol ether.fi Foundation announced on X that its first community proposal has been launched, aiming to increase ETHFI on-chain liquidity and increase treasury holdings. The proposal proposes to purchase ETHFI with 50% of the protocols revenue. Initially, 5% of monthly revenue will be used, and future growth will be determined by community voting. Revenue comes from Staking and Liquid vault. Any future product revenue for this purpose will be processed in subsequent votes. The purchased ETHFI will be used to establish a treasury and establish a liquidity pool on Curve to increase ETHFs on-chain TVL.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Announcement•2025/11/28 09:06
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Bitget Announcement•2025/11/27 08:19
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Announcement•2025/11/27 04:40
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Bitget Announcement•2025/11/27 03:00
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$90,917.81
-0.56%
Ethereum
ETH
$3,047.47
+0.86%
Tether USDt
USDT
$1
+0.02%
XRP
XRP
$2.17
-1.71%
BNB
BNB
$882.84
-1.16%
Solana
SOL
$137.06
-3.37%
USDC
USDC
$0.9999
+0.00%
TRON
TRX
$0.2807
+0.32%
Dogecoin
DOGE
$0.1493
-2.47%
Cardano
ADA
$0.4190
-3.03%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now