The Ether Fi Fund has repurchased ETHFI
This week, the Ether Fi Fund has restructured its strategy by repurchasing 437,000 ETHFI, spending about 137 ETH, equivalent to 320,000 USD. This is a strategic move aimed at strengthening the value of this cryptocurrency in the market.
Strategy for utilizing fee income
In the future, the fund will use income from weekly withdrawal fees and from the protocol to continue the Token repurchase program. The repurchased Tokens will be returned to those ETHFI point Holders who have staked.
Statement
Note, the information above is only intended to provide market data and is not intended as investment advice. Thorough and cautious analysis is necessary before making financial decisions.
Source: https://tintucbitcoin.com/ether-fi-foundation-tai-mua-437k-ethfi-chi-137-eth-tuan-nay/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news on the cryptocurrency market and not miss any important information!