Ether.fi Approves $50M ETHFI Buyback Proposal with 99% Community Support

Ether.fi's DAO has approved a $50 million buyback program for ETHFI tokens, funded through treasury revenues and executed on-chain. The initiative received 99% community support, aiming to stabilize ETHFI's market price and reinforce long-term holder value. Ether.fi has been expanding rapidly across DeFi and institutional channels, with a total value locked exceeding $700 million. The buyback authorization demonstrates investor confidence and a sustainable revenue model, potentially boosting ETHFI demand during ongoing DeFi recovery cycles.