New $rsETH Market with Higher LTV on Summer.​fi

Summer.fi has achieved a significant milestone, surpassing $100M in Total Value Locked (TVL). The platform's May pivot has led to several key developments: - Implementation of Vault Switching functionality - New payroll integration features - Addition of fresh protocols The protocol's growth continues to be driven by automation and yield optimization strategies. The platform is now entering a scaling phase for June, focusing on expanding these successful features. For detailed insights and future plans, visit [Summer.fi's blog](https://blog.summer.fi/happy-new-month-from-summer-fi/)

Summer.fi has launched their ETH Base Vault, offering a new yield-generating opportunity for ETH holders. The platform has partnered with Layer3 for a special quest promotion: - Deposit minimum 0.1 ETH - Hold for 30+ days - Earn 20 $SUMR tokens as rewards The vault promises high yields with minimal effort, operating on the Base network. Users can participate through [Summer.fi](http://Summer.fi) and complete the quest via [Layer3](https://app.layer3.xyz/quests/get-based-with-eth). *Note: Always research DeFi opportunities and understand the risks before participating.*

Lazy Summer has integrated Origin Protocol's OETH and Super OETH strategies into their vaults on Mainnet and Base. Key features: - **Mainnet OETH Vault**: Higher-risk ETH yields through Convex AMO rewards and decentralized validator staking - **Base Super OETH Vault**: Lower-risk ETH staking with L2 incentives - All deposits earn additional $SUMR tokens for governance rights The integration leverages Origin's battle-tested yield generation and Summer's AI-powered rebalancer for optimized returns. Users can access these strategies through [summer.fi/earn](https://summer.fi/earn?assets=ETH).

Bitcoin and Ethereum continue their distinct paths in the crypto ecosystem, with BTC trading at $109,603 and ETH at $2,669. While Bitcoin maintains its position as sound money, Ethereum offers additional utility through yield-bearing opportunities. - ETH enables multiple earning streams: * Network security through staking * Supporting layer 2 rollups * DeFi yield generation [Summer.fi](https://summer.fi) provides a platform for ETH holders to participate in these yield-generating activities. The platform offers various options for putting ETH to work in the DeFi ecosystem. *Current market conditions present an interesting comparison between BTC's store of value proposition and ETH's yield-generating capabilities.*

Despite a 27% decrease in DeFi TVL during Q1, Ethereum shows robust network activity with $2.2M in fees on April 7, outpacing Solana's $960K. This indicates sustained engagement with on-chain services. Key developments: - Restaking protocols and LSTs gaining traction - Yield opportunities re-emerging across DeFi - Network activity remains strong despite TVL fluctuations [Summer.fi](http://summer.fi) provides a unified dashboard for managing DeFi positions across multiple protocols, offering automation and monitoring tools for experienced users navigating the evolving landscape.