Ether.Fi, a leading DeFi protocol, has proposed a new initiative to boost its native ETHFI token's utility. The plan involves allocating 5% of its protocol revenue to buy back ETHFI tokens and distribute them to stakers. This move aims to strengthen the token's market presence and align user incentives with the platform's growth. Initially, only those who have staked ETHFI for at least a month will receive rewards. The proposal awaits a tokenholder vote by week's end. Ether.Fi, with nearly $10 billion in total value locked, is among the top DeFi protocols, competing with others like EigenLayer and Renzo.