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EtherFi, a well-known liquid restaking protocol, has partnered with Scroll, a zero-knowledge rollup network, to launch a new blockchain-based credit card named 'Cash'. The card will be issued as a Visa card and will utilize Scroll's layer-2 network as its settlement layer. The 'Cash' card will offer up to 8% cash back on all transactions, making it the highest cash back credit card globally. Additionally, the card will allow users to borrow money against their crypto collateral and enable gasless transactions. EtherFi's CEO, Mike Silagadze, stated that the initiative aims to make decentralized finance more accessible to the general public. The card will also reward 3% cash-back on all transactions.
.@ether_fi launches Visa "Cash" on the @Scroll_ZKP network https://t.co/GcomLBDmTV is offering 3% Cash Back on all https://t.co/kA5oFj62ZQ Cash transactions, with no exceptions or restrictions. Pre-order at: https://t.co/SIvowsUlD4 https://t.co/bXcFlbyxSV https://t.co/Dii6vbxG6X
.@ether_fi has partnered with @Scroll_ZKP, a zero-knowledge rollup network, to use it as its layer-2 blockchain for settlement, aiming to launch a credit card and lending market while enabling gasless transactions. https://t.co/Oq6qWb12CX
ETHERFI CHOOSES SCROLL FOR ITS NEW ‘CASH’ CARD - Well-known liquid restaking protocol @ether_fi today unveiled it had partnered with @Scroll_ZKP for an all-new product offering - ‘EtherFi Cash’. - CoinDesk describes ‘Cash’ as a “blockchain-based credit card”, and it will use… https://t.co/q4CQIiVuSu https://t.co/xRE4X5ua4N
