weETH Now Available as Full Collateral on SparkLend

**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.

**Frax USD ($FRXUSD) is now live on Scroll Network**, expanding the stablecoin's reach to the Layer 2 zkRollup ecosystem. **Key features:** - Users can mint $FRXUSD directly on [Scroll Network](https://scroll.io) - Integration with EtherFi enables everyday payment functionality - Brings Frax's stablecoin infrastructure to Scroll's zkRollup scaling solution This deployment marks another step in Frax's multi-chain expansion strategy, offering users lower transaction costs and faster settlement times through Scroll's Layer 2 technology.

Ether.fi has launched a crypto cash card that provides up to 4% cashback in ETH, differentiating itself from competitors that offer rewards in points. **Key Features:** - Direct ETH rewards instead of traditional points systems - Up to 4% cashback rate on purchases - Additional ETHFI token rewards available (0.015 ETHFI per dollar spent) - Over 200,000 ETHFI tokens allocated for bonus cashback The card aims to provide crypto holders with a practical way to earn digital assets through everyday spending. Users can sign up at [ether.fi/app/cash/signup](http://ether.fi/app/cash/signup). This represents a shift in crypto card offerings, moving away from point-based systems toward direct cryptocurrency rewards.

A new mortgage platform has launched that allows borrowers to use cryptocurrency as collateral for home loans, powered by ether.fi's infrastructure. **Key Details:** - Borrowers can secure mortgages using crypto assets like Bitcoin or Ethereum without selling their holdings - Ether.fi provides the underlying technology and custody solutions - The platform follows a standard process: lender selection, crypto custody, property appraisal, and loan approval **Why It Matters:** This development bridges traditional real estate financing with digital assets, offering crypto holders a way to access liquidity for major purchases while maintaining their investment positions. The partnership with ether.fi suggests institutional-grade security and custody standards are being applied to this emerging financial product category.

**Triple Dip rewards are officially claimable** as of February 2, 2026. **Key Details:** - Eligible users can now visit the official website to claim their rewards - This follows previous reminders about reward availability from October 2025 **What You Need to Do:** - Navigate to the Triple Dip website - Check your eligibility status - Complete the claim process for your rewards If you were part of the Triple Dip program, now is the time to collect what you've earned.