The DeFi protocol is proposing using 20% of revenues for monthly buybacks to boost benefits for stakers.
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The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.
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Ether.fi credits security upgrades and partners for thwarting a domain account takeover before user funds were compromised.
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The degen-branded card is non-custodial and lets users pay by borrowing against crypto collateral, Ether.fi said.
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Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether, valued at $763 million, has […]
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