ether.fi Foundation: ETHFI token staking function is now online
On July 18th, ether.fi Foundation announced that they have written a statement about current and future features in order to enhance the utility, market dynamics, and user participation of the ETHFI token. The following measures have been implemented:
· ETHFI token buyback plan: Starting from last month, ether.fi Foundation announced that 50% of protocol monthly revenue will be allocated to buy back ETHFI tokens and provide liquidity (LP);
· Staking ETHFI for more rewards: Users can now stake their ETHFI tokens to earn additional project rewards while supporting the stability and security of the ether.fi protocol;
· Enhanced liquidity pool;
· Governance proposal voting;
· Cross-chain L2 claim through Wormhole.
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.
You may also like
PENGU Was Missed by Many—Grab BTFD Presale and Turn $100 into $12K: Best New Meme Coin to Join This Week!
Missed Pudgy Penguins? Don’t miss BTFD! With 11,900% ROI potential, 90% APY staking & a live P2E game, it’s the best meme coin to join this week!BTFD Coin Is Where Whales Feast—Get in Before the Final Blowout!Pudgy Penguins (PENGU) — You Delayed, It Blew UpConclusion: Timing Is Everything in Crypto!
Bitcoin's new all-time high has traders asking: Is BTC price overheating at $111K?
Hyperliquid hits $9,2 billion in contracts and HYPE hits $35 billion
Alchemy acquires HeyMint to power smart wallets with NFTs
Trending news
MoreCrypto prices
More
