Leading DeFi platform
Ether.Fi has expanded its product range with the launch of a
crypto-native credit card on ZK-rollup Scroll. This pioneering product, a product of the partnership with the Scroll protocol, is to be launched on the Scroll Network and will offer a 3% cashback scheme. With this, Ether.Fi is notably taking a major step into the financial mainstream. The Visa Cash Card is intended for use by crypto enthusiasts, offering them new ways to interact with and use their cryptocurrency holdings, embodying the next-gen technology of the crypto world.
In addition, Ether.Fi launched a large-scale
token airdrop to holders and offered rewards to users of their restaking platform. Information sources note a massive inflow of ETH held by major investors, showing support for this DeFi platform. The ETHFI token was listed on major cryptocurrency exchanges, including Binance, contributing to growth in its value.
Ether.Fi continues to innovate through deals inked with major players in networking and oracle services. The platform is also committed to investor education, proliferating knowledge about decentralized finance and its opportunities.
Critically, the platform’s performance has been exceptional, recently reaching a
TVL high of $6B. This growth projection aligns with the booming interest in Ethereum's liquid staking sector, where Ether.Fi has outpaced rivals. However, with the launch of new products and services, the platform experienced some market turbulence, raising uncertainty about future developments.
ether.fi News Analytics from Mon, 20 Nov 2023 13:17:45 GMT to Wed, 11 Sep 2024 09:40:48 GMT -
Rating 8
- Innovation 8
- Information 9
- Rumor -2
