ether.fi Foundation: ETHFI token staking function is now online

BlockBeats news, on July 18, the ether.fi Foundation issued an announcement stating that it has written a description of current and future features aimed at enhancing the practicality, market dynamics and user engagement of ETHFI tokens. The following measures have been implemented:

· ETHFI token repurchase plan: Starting last month, the ether.fi Foundation announced that it would allocate 50% of the protocol's monthly income to repurchase ETHFI tokens and provide liquidity (LP);

· Stake ETHFI for more rewards: Users can now stake their ETHFI tokens to earn additional project rewards while supporting the stability and security of the ether.fi protocol;

· Enhanced liquidity pool;

· Governance proposal voting;

· Cross-chain L2 claims through Wormhole.