Why I’m starting to look at ETHFI again. Most people hated on $ETHFI this year because of its brutal inflation. Looking at the data, they were right. One year ago, the supply was 590M tokens. Today, it stands at 1.091B. That’s a 85% yearly inflation. Despite this, the Market Cap has almost tripled. This means people are absorbing the sell pressure and positioning themselves for what comes next. The strategy was simple: sacrifice the first years to build the product. For 2026, the supply will only grow to 1.145B. This drops the annual inflation to less than 5%. If you stake your tokens, you get a 10% APY. The math is clear: the staking yield now completely neutralizes the inflation. This yield isn't fake. The team uses 30% of their protocol profits to buy back tokens and distribute them to stakers. And they said they will be doing this aggressively while the token is below $3. @ether_fi is scaling as a neobank, showing massive growth in active users and credit card adoption. Now they are expanding into Optimism with heavy incentives. If the business model continues to scale at this rate, the current price levels won't last. Thanks @AleaResearch for your amazing research. Link to EtherFi: ether.fi/refer/012f093c