Ether.fi Boosts Cash Rewards Beyond 3% Cashback This November
Ether.fi Boosts Cash Rewards Beyond 3% Cashback This November
💰 Triple Dip Rewards
Ether.fi has enhanced its Cash product rewards program for November, deciding that their standard 3% cashback rate wasn't sufficient.
Key Features:
- Deposit options through FIAT and Liquid Vaults
- Enhanced cashback rewards on spending
- Triple Dip promotion running throughout November
The platform encourages users to maximize returns by combining holdings rewards with spending cashback through their integrated approach.
Ether.fi Enables Zero-Fee Euro Deposits and Spending Across Europe
**Ether.fi has launched zero-fee euro banking for European users.** Starting May 21, 2026, users can deposit and spend EURC stablecoins without foreign exchange fees. **Key features:** - Deposit via bank transfer or crypto wallet - 1:1 euro spending across web and mobile apps - Available throughout Europe - No FX fees on transactions **This builds on ether.fi's May 11 launch of the EURC Liquid vault**, which allows users to earn yield on euro holdings through partnerships with K3 Capital and Midas RWA. The service provides European users with a straightforward way to use euros in crypto without conversion costs. Users can access the platform at [ether.fi](http://ether.fi).
Earn Vaults Deploy Capital to Avant Protocol Yield Products
A DeFi platform is allocating capital from its Earn vaults into Avant Protocol's yield-generating products, with curation by Nonce Capital. **Key Details:** - Users will access risk-adjusted yield opportunities - Infrastructure features transparent, audited, multi-layered security - Avant Protocol manages over $140M in total value locked (TVL) - The platform offers yield strategies across Avalanche and Ethereum networks - Integration includes Chainlink CCIP for secure cross-chain transfers of avETH, avETHx, and savETH tokens The deployment aims to provide users with vetted yield opportunities backed by institutional-grade infrastructure and third-party audits.
weETH Approved as Collateral in Steakhouse Prime Vaults on Morpho
**weETH has been integrated as collateral across three Steakhouse Prime vaults on Morpho Labs:** - weETH/USDC - weETH/USDT - weETH/ETH The onboarding followed a comprehensive protocol review and governance improvements to meet Prime vault standards. Steakhouse provided detailed recommendations through the [Morpho governance forum](https://forum.morpho.org/t/weeth-collateral-prime-onboarding-proposal/2254). Users can now access all weETH markets on [Morpho's platform](https://app.morpho.org/markets?search=weeth&chains=1).
Frax Finance Launches FRXUSD Stablecoin with Treasury Backing
**Frax Finance introduces FRXUSD**, a USD-pegged stablecoin maintaining a 1:1 dollar peg through overcollateralization. **Key features:** - Fully backed by tokenized U.S. Treasuries - Designed to share value with DeFi protocols rather than extract it - Aims to provide sustainable liquidity to partner platforms The protocol positions FRXUSD as a safer alternative to centralized stablecoins, emphasizing its treasury-backed structure and DeFi-friendly approach.
Developer Joins Open Gas Initiative Cohort
A developer announced their participation in the **initial Open Gas Initiative cohort**, expressing pride in being selected for this Ethereum-focused program. The Open Gas Initiative appears to be a new program aimed at addressing gas-related challenges on the Ethereum network. Being part of the initial cohort suggests this developer is among the first participants in what could be an important infrastructure development effort. This follows the developer's previous involvement in Ethereum-based projects, indicating continued commitment to the ecosystem's growth and optimization.