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TechFlow, November 5 — The ether.fi community has passed a governance proposal authorizing the foundation to use up to $50 million from public markets or on-chain channels to repurchase ETHFI tokens while the market price remains below $3. All repurchase transactions will be recorded on-chain and disclosed via a Dune Dashboard.

Earlier, Ether.Fi DAO released a new proposal authorizing the foundation to utilize part of treasury funds for ETHFI token buybacks.

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