weETH Now Available as Full Collateral on SparkLend
weETH Now Available as Full Collateral on SparkLend
🔓 weETH Breaks Free
SparkLend has expanded weETH functionality beyond stablecoin borrowing. Users can now:
- Use weETH as full collateral (no longer in isolation mode)
- Borrow stablecoins, ETH, and other supported assets
- Access increased borrowing capacity at scale
The update follows a MakerDAO approved proposal, enabling broader lending options with transparent rates on the SparkLend platform.
Visit app.spark.fi/borrow to start using weETH as collateral.
🚨 BIG news weETH can now be used to borrow stables, ETH, and other crypto on @sparkdotfi!
weETH can now be fully used as collateral to borrow other assets beyond stablecoins on SparkLend! • Supply @ether_fi’s weETH. • Borrow stablecoins, ETH, or any other available asset you want. No longer in isolation mode. Greater capacity to borrow, at scale.
Mint, Spend, Earn Event - Limited Time Opportunity
The Mint, Spend, Earn event continues through June 30th, offering two ways to earn ETHFI tokens: - Deposit funds into any Liquid Vault via your cash safe - Make purchases using your ether.fi cash card Join now to maximize your earning potential before the event ends. Visit [ether.fi](https://www.ether.fi/app/cash/sign-up) to get started.
Share, Earn, Repeat: Introducing ether.fi's new referral program
ether.fi launches an innovative referral program for their Club members that offers ongoing rewards instead of one-time bonuses: - Earn 1% cashback on all spending by referred friends for 12 months - No limit on number of referrals (capped at $1k/month per referral) - Friends get access to crypto-powered credit card with 3% cashback How to participate: 1. Sign up for Club membership at [ether.fi/app/cash/sign-up](https://www.ether.fi/app/cash/sign-up) 2. Access referral link in Vault section 3. Share with potential users *Terms and conditions apply. Available in select jurisdictions.*
Ether.fi Discord Security Alert: Moderator Account Compromised
**Security Alert**: Ether.fi reports unauthorized access to a moderator's Discord and Twitter accounts. The attacker posted malicious links to fake Solana meme coin tokens. Key points: - Users advised to avoid clicking any Discord links - Security team actively monitoring situation - No legitimate airdrops or token launches without week-long notice - Incident contained and under investigation *Users should remain vigilant and report suspicious activity to moderators.*
Ether.fi Announces Analyst Call with CoinFund and DCFGod
Ether.fi is hosting their next analyst call on Tuesday, June 10 at 2:00 PM UTC. - Special guests include representatives from **CoinFund** and **DCFGod** - Format includes a *30-minute presentation* followed by audience Q&A - Registration required via [Zoom link](https://us06web.zoom.us/webinar/register/WN_GARzFiMAQe2WvhAE_E8PoA) Don't miss this opportunity to gain insights from leading crypto analysts. Register now to secure your spot.
LiquidBeraBTC and LiquidBeraETH Vaults Launch Reward Program on Berachain
LiquidBeraBTC and LiquidBeraETH vaults are implementing a new reward system through Berachain's Proof of Liquidity: - Automatic rewards for vault depositors begin this week - Rewards sourced from weETH and eBTC liquidity pools - 2% management fee introduced April 2nd - Fee proceeds used to bribe pools and generate user rewards - Expected returns to exceed fee costs Vault features: - Multiple reward streams (Berachain, KodiakFi, Dolomite.io) - Auto-compounding yields - 90-day lock period post mainnet launch - Supports deposits in weETH, WETH, stETH, eBTC, wBTC, cbBTC, LBT