Ether.Fi Proposes New Reward Program for Stakers

The Ether.Fi community has received a proposal to reward ETHFI stakers. The proposal, drafted by the Ether.Fi community admin, seeks to establish a revenue-sharing mechanism for ETHFI stakers. It proposes that 5% of the Ethereum-based staking platform’s revenue be allocated to buying ETHFI tokens monthly and distributed to ETHFI stakers. “This proposal builds upon the success of Ether.Fi ’s buyback and liquidity provision (LP) program by introducing a new revenue-sharing mechanism for ETHFI stakers,” wrote the Ether.Fi admin. “The initiative aims to enhance the utility of ETHFI, strengthen its market, and align user incentives with the growth of the Ether.Fi ecosystem” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io