OKX Ventures announced an investment in the native liquidity re-staking protocol ether.fi on Ethereum

2024-03-07 11:47:35

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ChainCatcher news, OKX Ventures announced an investment in the native liquidity re-staking protocol ether.fi on Ethereum. ether.fi is a protocol that allows users to stake ETH and receive eETH, which is a native re-staking liquidity staking token designed to drive DeFi and decentralize Ethereum. When users hold eETH, they will earn ETH staking rewards, points, and EigenLayer points. By retaining custody of their tokens, users can participate in various DeFi applications with partners like Aave and Pendle. ether.fi has also partnered with the OKX Web3 wallet, allowing users to link ether.fi through the OKX Web3 wallet and mint eETH.

Dora Yue, founder of OKX Ventures, stated that we have great confidence in the team and vision of ether.fi, which has a total locked value (TVL) of $2.1 billion and has staked 554,000 ETH. ether.fi has the potential to become one of the leaders in the DeFi space. We have been looking for innovative and forward-thinking projects, and ether.fi is a project that meets this standard, leveraging Ethereum's technological advantages to provide users with a decentralized, autonomous, and flexible financial platform.

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OKX Ventures eETH ether.fi

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