Ether.fi Introduces One-Click Cross-Chain Vault Deposits via Enso Integration

by shayaan

Ether.fi, a platform offering restaking services with over $10 billion in TVL, has introduced one-click cross-chain vault deposits. This new feature is made possible through the integration of a widget developed by Enso, with technical support from LayerZero and Stargate.

The Enso widget simplifies the process of depositing assets into Ether.fi vaults by reducing what was previously a multi-step process to a single action. Users can now deposit funds from any blockchain without needing to convert or move tokens manually. This feature is designed to improve user experience by removing technical barriers and making the process faster and easier.

The new system allows users to deposit using whatever assets they already hold, regardless of the network those assets are on. This flexibility is expected to attract more deposits and help grow the platform’s TVL. It also helps address a common problem in DeFi where liquidity is often split across different blockchains.

For developers, the integration of Enso’s widget provides a way to create more streamlined and efficient applications. The tool allows smart contracts to operate across different chains without the need for manual connections or complex frameworks.

The launch of one-click deposits is part of Ether.fi’s effort to make its services more accessible. By simplifying how users interact with vaults and reducing the need for technical knowledge, the platform aims to expand participation in restaking.

Image: Freepik

cryptonews.net

See also  Exclusive: Cove launches mainnet, CoveUSD

You may also like

Latest News

Copyright © Sovereign Wealth Signals