ether.fi Foundation: ETHFI token staking function is now online

On July 18th, ether.fi Foundation announced that they have written a statement about current and future features in order to enhance the utility, market dynamics, and user participation of the ETHFI token. The following measures have been implemented:

· ETHFI token buyback plan: Starting from last month, ether.fi Foundation announced that 50% of protocol monthly revenue will be allocated to buy back ETHFI tokens and provide liquidity (LP);

· Staking ETHFI for more rewards: Users can now stake their ETHFI tokens to earn additional project rewards while supporting the stability and security of the ether.fi protocol;

· Enhanced liquidity pool;

· Governance proposal voting;

· Cross-chain L2 claim through Wormhole.