Ether.Fi, a decentralized finance (DeFi) protocol, has proposed allocating a portion of its protocol revenues to buy back native ETHFI tokens and distribute them to stakers, according to a post on its community governance forum.

The proposal calls for 5% of protocol revenues to buy ETHFI and distribute it as rewards to stakers, with the aim of increasing ETHFI’s utility, strengthening its market, and aligning user incentives with the growth of the Ether.Fi ecosystem.

The proposal will be decided by token holders’ vote at the end of the week. Share your thoughts in the comments.