According to ChainCatcher, the DAO community of Ethereum's liquidity pledge protocol Ether.fi has launched its first proposal, which aims to increase the liquidity of ETHFI on the chain and increase treasury holdings. The proposal suggests purchasing ETHFI with 50% of the protocol's revenue, initially 5% of monthly revenue will be used, and future increases will be determined by community voting. Revenue comes from Staking and Liquid treasuries. Any future product revenue for this purpose will be resolved in subsequent votes. The purchased ETHFI will be used to establish a treasury and establish a liquidity pool on Curve to increase ETHF's on-chain TVL.
