ether.fi Foundation: The ether.fi protocol generated $2.58 million in revenue in July, of which 5% was used to repurchase ETHFI

2024-08-06 21:47:12
Collection

ChainCatcher news, according to the ether.fi foundation, the ether.fi protocol generated $2.58 million in revenue in July, of which 5% was used to buy back ETHFI.

The purchased ETHFI has been deployed through the Arrakis Finance liquid staking Vault for on-chain liquidity, to manage the liquidity of the WETH/ETHFI trading pair in concentrated liquidity positions.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators