According to Foresight News, Ether.fi, a non-custodial liquidity staking protocol, is leveraging the native token transfer (NTT) framework of the cross-chain interoperability platform, Wormhole. This move is aimed at enabling Ether.fi to achieve native multi-chain deployment.
Wormhole's official announcement indicates that their NTT framework is being utilized by Ether.fi to facilitate the deployment across multiple chains. This development underscores the growing trend of protocols leveraging cross-chain interoperability platforms to enhance their functionality and reach.
The use of Wormhole's NTT framework by Ether.fi is a significant step in the evolution of the protocol. It not only expands its reach across multiple chains but also enhances its functionality, providing users with more flexibility and options. This development is a clear indication of the growing trend of protocols leveraging cross-chain interoperability platforms to enhance their functionality and reach.
