ether.fi proposes to use up to 50% of protocol revenue to purchase ETHFI

ChainCatcher message, the ether.fi foundation of the Ethereum liquid staking protocol officially announced that the first community proposal is online. This proposal suggests using up to 50% of the protocol's revenue to purchase ETHFI, initially using 5% of the monthly revenue, with future increases to be decided by community vote.

The purchased ETHFI will be used to establish a treasury and create a liquidity pool on Curve to increase the on-chain TVL of ETHFI.