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ether.fi: Will Adopt Chainlink Proof of Reserve to Validate Pledged Assets

ether.fi: Will Adopt Chainlink Proof of Reserve to Validate Pledged Assets

Bitget2024/10/18 12:09
ETH-3.44%LINK-5.53%ETHFI-6.68%

On October 18, ether.fi, the Ether liquidity repledging protocol, announced that it will adopt Chainlink Proof of Reserve (PoR) on Ether to improve transparency.PoR can increase user trustworthiness by cryptographically verifying that pledged assets are fully collateralized.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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