Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ether.Fi proposes to allocate 5 per cent of the agreed revenues for the repurchase of ETHFI and to distribute it to pledgers

Ether.Fi proposes to allocate 5 per cent of the agreed revenues for the repurchase of ETHFI and to distribute it to pledgers

Bitget2024/12/16 22:04

Fi is proposing to allocate 5% of its protocol revenues to buy back ETHFI and distribute it to ETHFI pledgers as an incentive, according to a post on the Ether.Fi Community Governance Forum for the decentralised finance (DeFi) protocol, in a move designed to ‘enhance the utility of ETHFI, strengthen its marketplace, and align user incentives with the growth of the Ether.Fi ecosystem’. Fi ecosystem growth’. The Ether.Fi team describes the five percent revenue distribution as a ‘starting point’ and notes that the incentive will initially only be offered to token holders who have pledged ETHFI for at least one month. According to the post, the proposal will be voted on by token holders by the end of the week, and Ether.Fi has already used the agreed revenue to buy back tokens from ETHFI's main liquidity pool.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!