Bankless · Friday, August 14, 2026
EtherFi is implementing 'programmatic buybacks' for its token, integrating a portion of revenue from product actions directly into token repurchases. This move is intended to create more confidence in the token's value and its connection to the protocol's health, moving away from discretionary buyback decisions.
“What we're doing now with Ethify is doing what we're calling programmatic buybacks. So basically every action within the product now has a portion that generates revenue, has a portion of that that programmatically goes to buying back Ethify.”
“And so now it's not so much this sort of discretionary thing, you know, how much is it going to be, you know, this month or next month. It's just baked into the protocol in a programmatic way, which we think should create a lot more confidence in terms of like, what is this token for? What's the value? Like, how does it connect to the health of the, you know, the protocol and the. And the company, I think”