This Altcoin Community Has Started a Vote on a $50 Million Token Buyback Plan! Here Are the Details

The decentralized liquidity protocol ￰0￱ community has submitted a new governance proposal for the ETHFI token buyback ￰1￱ Community Votes on $50 Million ETHFI Buyback Plan The proposal proposes approving the use of up to $50 million worth of funds from the protocol's treasury to purchase ETHFI when the token price falls below $3. The aim of the plan was to gradually accumulate ETHFI tokens during periods of price decline and support the token value by directing a portion of the protocol's revenues to the buyback ￰2￱ buyback process will begin immediately after DAO approval is received and will end when one of the following conditions are met: the total buyback amount reaches $50 million, the ￰3￱ Foundation deems the plan complete, or the plan is changed by community ￰4￱ proposal will be voted on over four days on the community voting platform ￰5￱ approved, the buybacks will take effect immediately once the specified price condition is ￰6￱ move is seen as part of the ￰7￱ community's strategy to support market stability and strengthen the token ￰8￱ say that if approved, the proposal could positively impact ETHFI's long-term supply-demand balance. *This is not investment ￰9￱ Reading: This Altcoin Community Has Started a Vote on a $50 Million Token Buyback Plan!

Here Are the Details