Ether.fi community proposal for a $50 million buyback plan: Buy back if it falls below $3.

Ether.fi community proposal to use 50 million USD to repurchase ETHFI, setting a support price of 3 USD, with the voting results determining whether the DeFi bail-in paradigm can be effective (Background: 2025's strongest credit card! Complete guide to Ether.Fi: 3% cashback across all channels, direct payment with USDT, practical tests in Taiwan… (Sign up for 25 USD)) (Background information: Crypto world's cash withdrawal god card》Complete registration guide for Ether.fi crypto credit card KYC, how to deposit and withdraw?) The crypto market's demand for stability is increasingly urgent. The liquid staking protocol Ether.fi is currently conducting a key vote, serving as a litmus test for the DeFi ecosystem's 'self-rescue' ability. The DAO community proposal will utilize a surplus of 50 million USD from the treasury; if the ETHFI token falls below 3 USD, the repurchase mechanism will be activated; as of now, Snapshot shows that the support votes have reached 100%, and voting will end on November 4. This move not only concerns price stabilization but also touches upon multiple issues such as decentralized governance, fund mobilization, and market confidence. The conditions for launching the 50 million USD market stabilization plan proposed by the Ether.fi community will use the surplus accumulated from protocol staking and operational income for repurchasing and destroying ETHFI. The trigger threshold set is quite clear: when the market price falls below 3 USD, repurchases will be executed in batches. In contrast to the current price range of 0.96 to 1.03 USD, the market believes that this fund will form a clear price defense line. This is not the first time taking action; if the proposal is passed, it will be the third round of repurchases by Ether.fi, indicating that the protocol has established a coherent market capitalization management framework. DAO consensus and on-chain transparency This vote is conducted entirely through the DAO process, allowing all members with governance rights to participate in decision-making. Snapshot data as of the time of writing shows a support ratio of 100%, reflecting the community's high consensus on stablecoin prices. Ether.fi also promises that all repurchase transactions will be completed on-chain and made publicly available in real-time through the Dune Analytics dashboard. The protocol team emphasizes: “We will put every repurchase amount, time, and transaction hash on-chain to ensure that anyone can track it.” This trustless transparency is seen as a key factor for decentralized finance to have more credibility in repurchases compared to traditional markets. Market impact: supply-demand adjustment and confidence effect The repurchase behavior directly reduces circulating supply, which theoretically helps to narrow selling pressure and support prices. Similar methods have also appeared in past protocols like Aave DAO, and industry cases show that if the execution speed is fast enough, it can indeed stabilize coin prices in the short term. At the same time, the protocol's willingness to utilize the surplus accumulated from 'self-blood generation' also releases a long-term bullish signal to the market. However, in the face of extreme market conditions, whether 50 million USD is sufficient to build a solid defense line remains to be seen; if selling pressure continues to expand, the subsequent strategy after the repurchase will become the next exam question. The voting results are about to be revealed. Whether in favor or against, this repurchase debate has already shown the market the decisiveness of the DAO in fund allocation. For Ether.fi, 50 million USD is not just a number for market stabilization; it is also a pressure test to see if decentralized governance can maintain resilience in the storm. The next chapter of the DeFi world is being co-written by each vote in the hands of participants. Related reports How to apply for Ether.fi virtual and physical cards? Binding Apple/Google/LINE Pay three-minute tutorial Crypto world's cash withdrawal god card》Complete registration guide for Ether.fi crypto credit card KYC, how to deposit and withdraw? USDT users exceed 500 million, Tether CEO: covering 6.5% of the global population, the largest financial inclusion in history〈Ether.fi community proposal for 50 million USD repurchase plan: buy back if it falls below 3 USD〉This article was first published in BlockTempo, the most influential blockchain news media.