The Ether.fi community has taken a decisive step that could reshape trust in its native token and deepen its role in the decentralized financial ecosystem.
Summary
- Ether.fi DAO approved a $50 million buyback program for ETHFI tokens.
- The initiative will be funded from treasury revenues and implemented on-chain in a transparent manner.
- The move received 99% support from the community.
Ether.fi’s governance community has voted in favor of a large-scale token buyback aimed at stabilizing ETHFI’s market price and strengthening long-term holder value.
According to one after Through the project on November 5, the Ether.fi DAO approved the Treasury Deployment Buy-Back Program with a near-unanimous vote.
Approval and repurchase framework for governance
The buyback program, approved with 99% support, authorizes the Foundation to deploy up to $50 million from its treasury to buy back ETHFI tokens trading below $3. The initiative will continue until the limit is reached or the price crosses that threshold.
The Foundation said it plans to scale buybacks based on protocol revenue, which comes from staking operations and DeFi integrations. All purchases are recorded on-chain and publicly reported via the Dune dashboard. The strategy is similar to previous buybacks that increased liquidity depth and helped prices recover by 15% to 20%.
The proposal follows a series of successful liquidity interventions, with Ether.fi positioning the program as a mechanism to “increase the share of protocol revenue dedicated to buybacks while ETHFI trades below this threshold.”
Ecosystem growth and market prospects
Ether.fi is rapidly expanding through DeFi and institutional channels. The company’s ecosystem now exceeds $700 million in total value, supported by integrations with Plasma, Aave and FalconX. The platform’s ‘defibanking’ initiative, anchored by the Ether.fi Cash Card, has processed millions in daily spends and offers cashback rewards and fiat transfer options.
Ether.fi’s positioning as a DeFi-native banking alternative has been strengthened through partnerships with Visa, Sharplink, EigenCloud and Anchorage Digital. Despite the uncertain market conditions, analysts point out that the repurchase authorization demonstrates investor confidence and a sustainable revenue model.
Considering that November has historically been a better month for the cryptocurrency markets, Ether.fi’s timing could encourage demand for ETHFI to rise again during the ongoing DeFi recovery cycles.
