According to TechFlow, the Ethereum liquidity staking protocol ether.fi Foundation officially stated that the first community proposal has been launched. The proposal recommends using up to 50% of the protocol revenue to purchase ETHFI. Initially, 5% of the monthly revenue will be used, and future increases will be decided by community voting.

The purchased ETHFI will be used to build a treasury and establish a liquidity pool on Curve to increase ETHFI's on-chain TVL.