Among the current ETH treasury companies, ETHZilla is the most embracing of DeFi, not just raising funds and hoarding coins. Its main feature is the integration with the Ethereum network to create a benchmark for on-chain treasury management for listed companies. Currently, the other companies are mostly using native staking or exchange custody staking methods. However, ETHZilla announced yesterday, during such a sluggish market, that it staked 10,600 ETH worth 47 million USD to @puffer_finance, thereby enhancing its treasury's cash flow income. According to the official announcement, the reason for choosing Puffer is that through ReStaking, it can achieve higher returns, and the validator guarantee mechanism as low as 2 ETH can ensure security.
🚨 NEW FROM ETHZILLA 🚨
We are excited to share that ETHZilla plans to deploy ~$47 million worth of ETH into @puffer_finance - a liquid restaking protocol.
This is our second engagement with DeFi protocols with more coming soon.
The opportunity is $ETH. The ticker is $ETHZ.
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