Fri, January 9

Ether.fi Launches One-Click Cross-Chain Vault Deposits via Enso Integration

Ether.fi Launches One-Click Cross-Chain Vault Deposits via Enso Integration Blockchain News
  • By integrating Enso’s widget with Ether.fi, a multi-step procedure is reduced to a single step, enabling users to deposit funds into liquid vaults swiftly.
  • Two of the industry’s most persistent problems—UX and liquidity fragmentation—are greatly addressed by Ether.fi’s inclusion of Enso’s solution.

After integrating Enso’s widget, Ether.fi, a restaking infrastructure provider with over $10 billion in total value locked (TVL), has introduced one-click deposits for its cross-chain vaults. The Enso-powered “shortcut,” which was created in partnership with LayerZero and Stargate, streamlines vault deposits while greatly improving user experience.

By integrating Enso’s widget with Ether.fi, a multi-step procedure is reduced to a single step, enabling users to deposit funds into liquid vaults swiftly and conveniently from any chain or position. Utilizing Enso’s cross-chain execution, which automates the underlying process and combines it into a single user interaction, this is accomplished.

One-click vaults have made it unnecessary for Ether.fi customers to keep a certain token on a particular chain. Alternatively, they may use their current assets, even if they are on a separate chain, to deposit into a vault. By encouraging ETH stakers to deposit assets that would otherwise be dispersed over many chains, the solution would not only minimize friction and increase user retention but also aid in the growth of TVL.

A key component of the toolkit Enso has provided for blockchain developers to expedite smart contract interactions is the widget it developed in collaboration with LayerZero and Stargate. Because of its support for chain abstraction, developers can easily design complex decentralized apps without having to manually combine several frameworks and smart contracts.

Two of the industry’s most persistent problems—UX and liquidity fragmentation—are greatly addressed by Ether.fi’s inclusion of Enso’s solution. Enso’s shortcut streamlines the procedure for end users while also streamlining cross-chain interactions for DeFi initiatives.

Enso’s vaults are completely chain-agnostic and frictionless for depositors thanks to their one-click approach, which is now available on Ether.fi. Enso is enabling a wider range of users to engage in restaking without the need for sophisticated technical expertise by serving as the shortcut layer for liquid restaking protocols.

The quickest method for developing and launching onchain is Enso. Enso streamlines what was formerly a laborious and complicated procedure, having been trusted by more than 100 projects and facilitating the onchain settlement of over $15 billion. Before testing their ideas, developers no longer have to manually integrate protocols, comprehend all smart contracts, or pay for expensive audits. Enso does this by presenting blockchain shortcuts, which are sets of commands that make it easier for developers to work with the blockchain. Enso takes care of the hard work by mapping these interactions to a common engine, freeing developers to concentrate fully on their product and realize their ideas.

With over $10 billion in Total Value Locked (TVL) protected by its decentralized protocol, Ether.fi is a pioneer in decentralized restaking infrastructure. Ether.fi helps developers and businesses to create scalable, trustless solutions that improve blockchain security across L1 and L2 networks by offering strong security and operational assistance.

An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.

Little Pepe