Scan to Download
Search "ether.fi" has a total of7related results
Techub News, the ether.fi community has issued a proposal to "use treasury funds to restore rsETH collateral assets." The proposal includes injecting 5,000 ETH into the rsETH special rescue pool to cover collateral shortfalls, protect user assets, and prevent bad debt from spreading across the DeFi ecosystem.
Techub News reports that Ether.fi tweeted that the EtherFi liquidity vault has no direct exposure to Kelp rsETH. As a precautionary measure, the LayerZero bridging for weETH and eETH has been suspended while the root cause of the Kelp rsETH incident is being determined. Meanwhile, the Teller contracts for Liquid (ETH, BTC, USD), sETHFI, and eBTC have also been paused to halt LayerZero OFT cross-chain functionality, with deposit and withdrawal services for related products suspended accordingly. Ether.fi stated that it is closely coordinating with security partners and will release more information subsequently.
Techub News reports that ether.fi announced on platform X that it has successfully completed the full migration to the OP mainnet. This migration covers 70,000 active debit cards, over 300,000 accounts, and a total locked value exceeding $220 million.
Techub News reported, according to The Block, Ethereum liquidity restaking protocol Ether.fi announced it will provide a total of $3 billion worth of Ethereum as "validator liquidity" to the Ethereum block space futures market ETHGas over the next three years, with funds sourced from its managed 2.8 million staked Ethereum. In December last year, ETHGas stated it had received $800 million in liquidity commitments.
Techub News, Ether.fi community voted to pass the "$50 million ETHFI buyback" proposal. The proposal plans to allocate up to $50 million from its treasury to repurchase ETHFI tokens, which will be executed when the ETHFI token price falls below $3.
Techub News, the ether.fi community has released a proposal titled "Funding Deployment for the ETHFI Buyback Plan." The proposal includes authorizing the foundation to use part of the treasury funds to conduct buybacks when the ETHFI token's market price falls below $3, with a total cap of $50 million. The goal is to continuously accumulate ETHFI during periods when it trades below this threshold and increase the proportion of protocol revenue allocated for buybacks.
Techub News, ether.fi Foundation disclosed in a post on X platform that over the past two weeks, 84 ETH (approximately $345,000) from the protocol's revenue was used to purchase 236,000 ETHFI tokens. To date, ether.fi's buyback program has acquired ETHFI tokens worth approximately $7.5 million.
Current search results fully loaded
