Flare launches flrETH: 7% annual yield and full liquidity! 🚀
- Flare has introduced flrETH, a new solution for Ethereum staking with a 7% annual yield and full liquidity.
- Developed by Dinero, flrETH allows users to actively participate in DeFi on the Flare platform while keeping their ETH.
- flrETH can be created by transferring ETH to the Flare network and then trading on SparkDEX.
- The introduction of flrETH coincided with a 50% increase in DeFi TVL over the last quarter.
What do you think about Flare's new product? Share your thoughts in the comments! 💬