# \#4 - ETHFI DAO Proposal: Increase to Buyback and LP Seeding Allocation **URL:** \ **Category:** Protocol & Proposals\ **Created:** [August 7, 2024, 10:22pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074 "2024-08-07T22:22:23Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![ether.fi](https://yyz1.discourse-cdn.com/flex003/user_avatar/governance.ether.fi/ether.fi/32/341_2.png) [@ether.fi](https://governance.ether.fi/u/ether.fi)\ **Post date:** [August 7, 2024, 10:22pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/1 "2024-08-07T22:22:23Z")
### Proposal: Increase ETHFI Monthly Buyback up to 25% and deploy liquidity through Arrakis Finance #### Overview This proposal aims to increase the monthly buyback of ETHFI tokens from the current maximum of 5% to 25%. Additionally, it seeks to utilize liquidity provisioning through Arrakis Finance. This proposal serves as an update to the previously approved proposal[ETHFI Buyback and Liquidity Pool Seeding](https://governance.ether.fi/t/ethfi-dao-proposal-ethfi-buyback-and-liquidity-pool-seeding/994). Despite the recent market volatility, the [ether.fi](http://ether.fi) protocol has demonstrated robust performance as outlined in the recent Chaos Labs [report](https://governance.ether.fi/t/chaos-labs-recent-market-volatility-post-mortum/2054). It has held up well over these unprecedented price movements and continues to function safely and efficiently and reinforces the need for strategic adjustments to maintain and enhance this stability. #### Rationale for Increasing Buyback up to 25% 1. Market Dynamics: The cryptocurrency market has experienced significant volatility recently, and the ability to adapt quickly to changes is crucial. A higher buyback percentage provides the DAO with greater flexibility to support the ETHFI liquidity during market downturns. 2. Community Confidence: Demonstrating proactive management of the token can enhance community trust and confidence in the project’s long-term viability. **Why Arrakis Finance?** 1. Innovative Liquidity Management: Arrakis Finance offers advanced liquidity management tools that optimize capital efficiency and provide better liquidity provisioning than traditional AMMs. 2. Automated Strategies: Arrakis allows for automated rebalancing and strategy adjustments, which can lead to more effective and dynamic liquidity management. This reduces the manual oversight required and enhances the responsiveness to market conditions. 3. Security and Audits: Arrakis Finance has undergone thorough security audits, ensuring the safety and reliability of our liquidity pools. #### Conclusion The proposed increase in the buyback percentage and the transition to Arrakis Finance for liquidity provisioning are strategic moves designed to enhance the flexibility, efficiency, and overall health of the ETHFI ecosystem. We believe these changes will better position the project to navigate market dynamics and deliver greater value to our community. **Voting** Voting to be done through snapshot: [https://snapshot.org/#/etherfi-dao.eth/proposal/0x34828455477fa97975c8b7210a54ee54f6b68d0e1cfccb583c97fe5b91a7a0ca](https://snapshot.org/#/etherfi-dao.eth/proposal/0x34828455477fa97975c8b7210a54ee54f6b68d0e1cfccb583c97fe5b91a7a0ca) For: Approve the Increase of ETHFI Buyback and Transition to Arrakis proposal Against: Do not approve the proposal. _We look forward to your support in strengthening the ETHFI ecosystem._ ---
**Author:** ![jmart](https://avatars.discourse-cdn.com/v4/letter/j/f4b2a3/32.png) [@jmart](https://governance.ether.fi/u/jmart)\ **Post date:** [August 8, 2024, 4:14pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/2 "2024-08-08T16:14:09Z")
I aprrove. I think is a good idea ---
**Author:** ![kevil](https://yyz1.discourse-cdn.com/flex003/user_avatar/governance.ether.fi/kevil/32/8_2.png) [@kevil](https://governance.ether.fi/u/kevil)\ **Post date:** [August 9, 2024, 2:00pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/3 "2024-08-09T14:00:35Z")
should raise it to 50%. ---
**Author:** ![Aristitit](https://avatars.discourse-cdn.com/v4/letter/a/b487fb/32.png) [@Aristitit](https://governance.ether.fi/u/Aristitit)\ **Post date:** [August 11, 2024, 1:50am UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/4 "2024-08-11T01:50:46Z")
I’m for the ETHFI DAO proposal. ---
**Author:** ![Sergey\_Lopatin](https://yyz1.discourse-cdn.com/flex003/user_avatar/governance.ether.fi/sergey_lopatin/32/80_2.png) [@Sergey\_Lopatin](https://governance.ether.fi/u/Sergey_Lopatin)\ **Post date:** [August 11, 2024, 1:50am UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/5 "2024-08-11T01:50:55Z")
**Yes! Of course!** \* I think It’s a good idea to increase buy back! How the rest of 75% will be used? Can we have a breakdown for all treasure? Maybe if you can tell more about Arrakis Finance, not sure I’m understanding this strategy ! ---
**Author:** ![romarwh](https://avatars.discourse-cdn.com/v4/letter/r/3e96dc/32.png) [@romarwh](https://governance.ether.fi/u/romarwh)\ **Post date:** [August 11, 2024, 1:50am UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/6 "2024-08-11T01:50:57Z")
this is a good idea 💖 💖 💖 ---
**Author:** ![hell0men](https://avatars.discourse-cdn.com/v4/letter/h/bb73d2/32.png) [@hell0men](https://governance.ether.fi/u/hell0men)\ **Post date:** [August 11, 2024, 1:51am UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/7 "2024-08-11T01:51:03Z")
Thx for such fast reaction for my wish ☺. Arbitrum stakers can’t vote. Can you fix it please. ---
**Author:** ![RobBob](https://avatars.discourse-cdn.com/v4/letter/r/df788c/32.png) [@RobBob](https://governance.ether.fi/u/RobBob)\ **Post date:** [August 12, 2024, 5:32pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/8 "2024-08-12T17:32:07Z")
Very good concept. Do It! ---
**Author:** ![artipanjwani](https://avatars.discourse-cdn.com/v4/letter/a/46a35a/32.png) [@artipanjwani](https://governance.ether.fi/u/artipanjwani)\ **Post date:** [August 12, 2024, 5:32pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/9 "2024-08-12T17:32:09Z")
Good Idea shoud go for it ---
**Author:** ![ether.fi](https://yyz1.discourse-cdn.com/flex003/user_avatar/governance.ether.fi/ether.fi/32/341_2.png) [@ether.fi](https://governance.ether.fi/u/ether.fi)\ **Post date:** [August 13, 2024, 3:51pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/10 "2024-08-13T15:51:45Z")
Following the [Snapshot](https://snapshot.org/#/etherfi-dao.eth/proposal/0x34828455477fa97975c8b7210a54ee54f6b68d0e1cfccb583c97fe5b91a7a0ca) voting, the current vote has ended, reaching both Quorum and For as the winning option, with 1.3M votes. ---
**Author:** ![GAxclusive](https://yyz1.discourse-cdn.com/flex003/user_avatar/governance.ether.fi/gaxclusive/32/274_2.png) [@GAxclusive](https://governance.ether.fi/u/GAxclusive)\ **Post date:** [August 17, 2024, 3:34am UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/11 "2024-08-17T03:34:56Z")
yeah should be increase ---
**Author:** ![kenbei33](https://avatars.discourse-cdn.com/v4/letter/k/848f3c/32.png) [@kenbei33](https://governance.ether.fi/u/kenbei33)\ **Post date:** [August 17, 2024, 3:35am UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/12 "2024-08-17T03:35:02Z")
Good idea!I approve for Arrakis proposal. ---
**Author:** ![Mad\_Joolz](https://avatars.discourse-cdn.com/v4/letter/m/f475e1/32.png) [@Mad\_Joolz](https://governance.ether.fi/u/Mad_Joolz)\ **Post date:** [August 18, 2024, 1:35am UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/13 "2024-08-18T01:35:12Z")
Yes, supported! Good idea ---
**Author:** ![Lilsamzy](https://avatars.discourse-cdn.com/v4/letter/l/bb73d2/32.png) [@Lilsamzy](https://governance.ether.fi/u/Lilsamzy)\ **Post date:** [August 19, 2024, 4:15pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/14 "2024-08-19T16:15:11Z")
Okay, I get that. Should be ---
**Author:** ![emer](https://avatars.discourse-cdn.com/v4/letter/e/ecae2f/32.png) [@emer](https://governance.ether.fi/u/emer)\ **Post date:** [August 19, 2024, 4:15pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/15 "2024-08-19T16:15:15Z")
Agreed 🤝 and I supported ---
**Author:** ![Raolin](https://yyz1.discourse-cdn.com/flex003/user_avatar/governance.ether.fi/raolin/32/235_2.png) [@Raolin](https://governance.ether.fi/u/Raolin)\ **Post date:** [August 19, 2024, 4:15pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/16 "2024-08-19T16:15:19Z")
Over the long term - this will certainly stir confidence in the direction and value of the ETHFI token. ---
**Author:** ![RobMazzo](https://avatars.discourse-cdn.com/v4/letter/r/ba9def/32.png) [@RobMazzo](https://governance.ether.fi/u/RobMazzo)\ **Post date:** [August 19, 2024, 4:15pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/17 "2024-08-19T16:15:39Z")
Eu acho um ideia muito boa ---
**Author:** ![GAxclusive](https://yyz1.discourse-cdn.com/flex003/user_avatar/governance.ether.fi/gaxclusive/32/274_2.png) [@GAxclusive](https://governance.ether.fi/u/GAxclusive)\ **Post date:** [August 21, 2024, 10:18pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/18 "2024-08-21T22:18:43Z")
how to know this is passed? ---
**Author:** ![promytheas](https://avatars.discourse-cdn.com/v4/letter/p/eb8c5e/32.png) [@promytheas](https://governance.ether.fi/u/promytheas)\ **Post date:** [August 23, 2024, 12:49am UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/19 "2024-08-23T00:49:11Z")
> [@jmart](#): > > I aprrove I aprrove. Agreed and I supported ---
**Author:** ![digdefi](https://yyz1.discourse-cdn.com/flex003/user_avatar/governance.ether.fi/digdefi/32/275_2.png) [@digdefi](https://governance.ether.fi/u/digdefi)\ **Post date:** [August 23, 2024, 9:59pm UTC](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074/20 "2024-08-23T21:59:11Z")
Aprooved, think it’s good for the project [Next page](https://governance.ether.fi/t/4-ethfi-dao-proposal-increase-to-buyback-and-lp-seeding-allocation/2074.md?page=2)