DeFi

Ether.Fi Implements Chainlink’s Proof of Reserve for Greater Transparency

18.10.2024

Ether.Fi Implements Chainlink’s Proof of Reserve for Greater Transparency

In a significant move to bolster transparency and trust within the decentralized finance (DeFi) ecosystem, Ether.Fi has implemented Chainlink’s Proof of Reserve (PoR) on the Ethereum blockchain. This integration marks a pivotal advancement for Ether.Fi, a non-custodial liquid staking protocol, by cryptographically verifying that its staked assets are fully collateralized. This development not only enhances user confidence but also sets a new standard for transparency in the staking landscape.

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18.10.2024
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