TechFlow news — According to official announcements, OKX Ventures has revealed its investment in ether.fi, a native liquid restaking protocol on Ethereum. Ether.fi allows users to stake ETH and receive eETH, a natively restaked liquid staking token designed to advance DeFi and enhance Ethereum's decentralization. By holding eETH, users earn ETH staking rewards, points, and EigenLayer points. While retaining custody of their tokens, users can engage with various DeFi applications through partners such as Aave and Pendle. Additionally, ether.fi has partnered with the OKX Web3 Wallet, enabling users to connect their OKX Web3 Wallet to ether.fi and mint eETH.
Dora Yue, founder of OKX Ventures, said, "We have great confidence in the team and vision behind ether.fi. With a total value locked (TVL) of $2.1 billion and 554,000 ETH staked, ether.fi has the potential to become one of the leading projects in the DeFi space. We are always seeking innovative and forward-thinking projects, and ether.fi meets this standard by leveraging Ethereum’s technological strengths to provide users with a decentralized, self-custodial, and flexible financial platform."
