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TechFlow, May 11 — According to a post by the ether.fi Foundation, this week it repurchased 437,000 ETHFI tokens, spending approximately 137 ETH.
The ether.fi Foundation added that weekly withdrawal fee revenue and monthly protocol income will be used for token buybacks going forward, and the repurchased tokens will be distributed back to ETHFI stakers.
According to a post by the ether.fi Foundation, it has repurchased 437,000 ETHFI tokens this week, spending approximately 137 ETH (320,000 USD). The ether.fi Foundation added that future weekly withdrawal fee revenue and monthly protocol income will be used for token buybacks, with the repurchased tokens being returned to stakers holding ETHFI points.
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