Oct 31, 2025
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Ether.Fi Proposes $50M ETHFI Token Buyback Amid Market Decline
ether.fi has proposed a $50 million buyback program for its ETHFI token, targeting prices below $3. If approved, the ether.fi Foundation will use treasury reserves to purchase ETHFI tokens until the $50 million cap is reached, the program ends, or governance modifies the plan. This initiative aims to enhance liquidity and price stability, building on past successful buybacks.
- A four-day Snapshot vote will decide the program's approval.
- Transactions will be recorded on-chain for transparency.
- The program seeks to direct surplus income toward repurchases when ETHFI trades below $3.
The proposal aligns with a growing trend in DeFi, as seen with:
- dYdX community's $5–$10 million token repurchase program.
- Chainlink Reserve's recent acquisition of 64,445 LINK tokens.
- World Liberty Financial's complete buyback-and-burn strategy.
- Pump.fun's repurchase of over 3 billion PUMP tokens.
Currently, ETHFI trades around $0.94, showing a descending channel pattern. A breakout above $1.05 could lead to a rise toward $1.26, with potential further gains to the $1.50–$1.60 range if momentum sustains.
