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ether.fi Integrates Chainlink Proof of Reserves

Twitter icon  •  Published 1 year ago on October 18, 2024  •  Hassan Maishera

Chainlink announced via X on Thursday that ether.fi has integrated Chainlink Proof of Reserve on Ethereum to enhance transparency.

ether.fi Integrates Chainlink Proof of Reserves

Chainlink announced via X on Thursday that ether.fi has integrated Chainlink Proof of Reserve on Ethereum to enhance transparency. Proof of Reserve will deliver up-to-date data verifying the reserves of staked assets on ether.fi.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up 1% over the past 24 hours and is trading at $11.26 at press time.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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