Ether.fi: Cashback rewards shift to ETHFI funded by programmatic buybacks - 11 Sep 2026
Ether.fi has announced that cashback rewards will now be funded in ETHFI, purchased through programmatic buybacks from the protocol's revenue streams. The update introduces boosted categories offering up to 30% back, instant membership upgrades via staking ETHFI, and a $5 minimum for claims with a 7-day clearing period.The change ties token demand directly to protocol revenue, since cashback payouts are backed by open-market ETHFI purchases rather than pre-allocated reserves. Staking requirements for tier upgrades add a lockup component to the same flow.Buyback volumes and staking balances are the observable measures of how much revenue is recycled into ETHFI demand over time.New membership upgrades just dropped.Boosted cashback categories.Faster ways to level up.Flexible upgrades and more.Here’s what’s available ↓