PANews reported on November 5th that, according to a Snapshot page, the Ether.Fi DAO has passed an "ETHFI Buyback" proposal, authorizing the foundation to conduct buybacks on the open market or designated on-chain venues when the current price of ETHFI is below $3, with a total limit of $50 million. The buybacks will take effect immediately and will continue until the limit is reached, the foundation declares its termination, or a subsequent governance vote adjusts the allocation. The foundation may increase the proportion of protocol revenue used for buybacks while the price is below $3, and all transactions will be recorded on-chain and published on the Dune dashboard.
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According to PANews on October 14, OpenSea issued a statement on the X platform stating that users should bind their EVM wallets as soon as possible. Most of the platform's rewards are issued on the EVM chain; those who do not bind their EVM wallets will not be able to receive related rewards.
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PANews reported on October 13th that according to Jinshi, a new report from the Dallas Federal Reserve suggests that the Federal Reserve and most mainstream economists may have seriously misjudged the job market. The study warns that the Fed and other experts may have failed to correctly interpret the true state of the labor market. If the report's conclusions hold true, it means that the Fed could make a serious mistake by cutting interest rates too quickly and too early while inflation remains high. This conventional view of the job market is skewed because it fails to account for the impact of the Trump administration's crackdown on illegal immigration. This includes the impact on the labor market of the "voluntary departures" of at least 300,000 immigrants since the administration took office, as well as the impact of all those forcibly deported. The analysis also reflects a significant reversal compared to the massive influx of immigrants into the United States just a few years ago.
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