dappOS Inks Partnership with ETHFi, Unveils eETH as Collateral Asset

IconCryptoNewsTerminal Staff04 Sep, 2024

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dappOS Inks Partnership with ETHFi, Unveils eETH as Collateral Asset

ETHFi, a decentralized liquidity staking protocol, has inked a strategic partnership with dappOS, a leading decentralized application infrastructure provider. Through this collaboration, dappOS will introduce ETHFi's eETH (staked ETH) as a new collateral asset, opening up a new avenue for users to mint eETH by staking ETH. eETH, along with regular staking rewards, offers the additional advantage of automatic restaking on EigenLayer, an Ethereum restaking protocol. By leveraging this partnership, dappOS users can benefit from enhanced yield opportunities and contribute to the growth of the decentralized finance ecosystem.