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Ether.fi DAO Approves Up to $50 Million ETHFI Buyback Below $3

Voters gave 99% approval, with revenue-scaled, on-chain reporting set for all purchases.

Overview

  • Under the program, the Foundation can repurchase ETHFI on the open market only when the token trades below $3.
  • The authorization remains in effect until the $50 million cap is reached or ETHFI rises above $3, unless governance ends it earlier.
  • Buybacks will be funded from protocol revenues generated by staking operations and DeFi integrations, with activity sized to earnings.
  • All transactions will be executed on-chain and published via Ether.fi’s public Dune dashboard for transparency.
  • The project says earlier buybacks improved liquidity and aided 15–20% price recoveries, and it reports more than $700 million in TVL with integrations including Aave, FalconX, Visa and Anchorage.