The Ether.fi community has taken a major step to reinforce confidence in its native token ETHFI, approving a large-scale $50 million buyback program designed to stabilize the token’s value and strengthen its long-term market position.
Massive Community Support
According to a post shared by Ether.fi on X (formerly Twitter) on November 5, the Ether.fi DAO overwhelmingly approved the Treasury Deployment Buy-Back Program, with 99% of votes in favor.
The program allows the Ether.fi Foundation to use up to $50 million from its treasury to repurchase ETHFI tokens trading below $3. The initiative will continue until the allocated funds are fully deployed or the token’s price rises above that threshold.
Transparent On-Chain Execution
The Foundation confirmed that all buyback transactions will be executed transparently on-chain and publicly trackable through a dedicated Dune Analytics dashboard.
Funding for the buyback will come from the project’s protocol revenues, primarily generated through staking operations and DeFi integrations.
This approach mirrors earlier buyback efforts that improved liquidity depth and helped ETHFI recover 15%–20% in value after market dips.
Strengthening the Ecosystem
Ether.fi emphasized that this move aims to “increase the proportion of protocol revenue directed toward buybacks while ETHFI trades below this threshold.”
The buyback is viewed as part of a broader strategy to align token value with protocol growth and support long-term holders.
The initiative follows several successful liquidity interventions, signaling that the Ether.fi DAO is proactively managing its market ecosystem rather than leaving it solely to speculative trends.
Expanding Reach Across DeFi
Ether.fi’s total value locked (TVL) now exceeds $700 million, reflecting strong ecosystem growth. The platform has recently expanded integrations with Aave, Plasma, and FalconX, while continuing to push forward its “defibanking” model — a blend of DeFi tools with traditional payment utilities.
Its flagship Ether.fi Cash Card, for example, has processed millions in daily spending volume, offering cashback rewards and fiat transfer options.
Institutional Partnerships and Confidence
Ether.fi’s growing list of partners — including Visa, Sharplink, EigenCloud, and Anchorage Digital — underscores its ambition to become a DeFi-native alternative to traditional banking.
Analysts note that the DAO’s decision to authorize such a substantial buyback reflects strong community confidence and a sustainable revenue model, particularly at a time when many DeFi projects are focused on cost-cutting rather than capital deployment.
Market Timing and Outlook
Historically, November has been one of the stronger months for cryptocurrency markets. Ether.fi’s buyback announcement could therefore coincide with broader market recovery cycles, potentially driving renewed demand for ETHFI.
If executed successfully, the $50 million buyback may not only stabilize ETHFI’s market performance but also cement Ether.fi’s position as a key player in the next wave of DeFi infrastructure growth.
