Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
The ether.fi community launched its first proposal to increase ETHFI on-chain liquidity and increase treasury holdings
2024-06-20 06:50:22
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 protocol's 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 ETHF's on-chain TVL.