ether.fi Foundation purchases ETHFI for 46 ETH, accounting for 5% of the protocol's revenue in June

According to BlockBeats, on July 8, the ether.fi Foundation stated on the social platform that according to the proposal passed in June, the foundation has purchased ETHFI worth 46 ETH, and the purchased ETHFI has been deposited in the weETH/ETHFI Curve pool. This amount accounts for 5% of the protocol revenue in June. Previously, on June 20, the ether.fi Foundation stated that the first community proposal had been launched, which proposed to use up to 50% of the protocol revenue to purchase ETHFI. 5% of the monthly income will be used in the initial stage, and future increases will be decided by community voting. Income comes from pledges and liquidity vaults. The purchased ETHFI will be used to establish a treasury and inject a liquidity pool on Curve to increase the total locked value (TVL) of ETHFI on the chain.