🚀 @Scroll_ZKP TVL Surge Driven by @ether_fi Cash Vault
Scroll’s TVL recently jumped, with EtherFi’s Cash vault holding $200M, about 80% of the Scroll TVL
Why is EtherFi Cash attracting strong inflows?
1⃣ High Yield: The Cash vault offers up to ~17% APY on USDC deposits (converted to LiquidUSD)
2⃣ Generous Cashback: The EtherFi Cash Visa card provides 3% cashback on all transactions (paid in Scroll tokens)
3⃣ Zero Interest Borrowing: Currently offering 0% interest rate on borrowing against crypto assets
4⃣ Additional Rewards: Users earn ETHFI tokens for both spending and minting Liquid ETH/USD/BTC to their vault
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