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.
Ether.fi Cash Vaults Hit $160M+ Milestone
Ether.fi's Cash service continues to show strong growth, with vaults surpassing $160M in deposits. The platform enables users to access real-world spending power while maintaining custody of their crypto assets. Key metrics: - $185M+ total in Cash vaults - $25M+ spent across 250k+ transactions - All transactions processed on Scroll network - 3-5% cashback on purchases - Support for multiple assets including USDC, LiquidUSD, eBTC, weETH Current promotions include Summer Mint bonuses through August 31st and enhanced cashback rates. The service allows users to maintain self-custody while accessing spending power without selling their crypto assets. [Sign up at ether.fi/cash](http://ether.fi/cash)
beHYPE Pre-Deposit Cap Achievement
The beHYPE pre-deposit cap has been successfully reached, marking a significant milestone for the protocol. This follows the July 21st announcement that enabled users to deposit both HYPE and WHYPE tokens into the pre-deposit vault. Key Points: - Pre-deposit cap reached on August 10th, 2025 - Total allocation: 10M hearts - Deposits accepted in both HYPE and WHYPE tokens - Deposits now closed Users who participated in the pre-deposit phase have secured their positions. Those interested in future opportunities can stay updated through the [official platform](http://ether.fi/app/liquid/hype).
LiquidETH Incentives Launch on Binance Wallet
Binance Wallet has activated LiquidETH incentives, marking a significant expansion in their DeFi offerings. - Users can now earn rewards for providing liquidity to ETH pools - Integration directly accessible through Binance Wallet interface - Program aims to boost liquidity depth and trading efficiency This follows Binance's earlier success with Dogecoin rewards on BNBChain, showing continued commitment to expanding their DeFi ecosystem. *Note: Check official Binance channels for eligibility requirements and reward rates.*
In-Depth Review of Cash Protocol for DeFi Users
A comprehensive analysis of the Cash protocol has been released, examining its core functionalities and implications for DeFi users. The review covers: - Technical architecture and security measures - Liquidity mechanisms and yield generation - Integration capabilities with existing DeFi protocols - Risk assessment and mitigation strategies *Key highlights* include detailed explanations of: - Smart contract interactions - Governance structure - Token economics - User experience considerations **Recommended reading** for DeFi practitioners, protocol developers, and Web3 financial officers seeking to understand Cash's role in the broader DeFi ecosystem.
Ether.fi Summer Pump Deposit Window Closing August 9
The Ether.fi Summer Pump campaign is entering its final days with several key opportunities: - Earn $ETHFI rewards by minting new weETH - Double rewards by depositing into LiquidETH - **Base Boost**: Additional 20% rewards for Base network users - **Euler on Avalanche**: Special AVAX incentives for weETH collateral *Key Requirements*: - Must deposit before August 9 - 30-day minimum hold period - New deposits only Visit [ether.fi/app/weeth](http://ether.fi/app/weeth) to participate before the window closes.