Ether.fi, the Ethereum-based restaking protocol, announced plans to transform into a full-fledged DeFi neobank, offering users traditional financial services integrated with blockchain-powered earning opportunities.
The upcoming ether.fi app aims to deliver a fintech-like experience—allowing users to spend, save, pay bills, and receive payroll—all while leveraging crypto-native tools like restaking and liquid staking.
“With ether.fi, we’re bridging the gap between decentralized finance and everyday financial needs,” said CEO Mike Silagadze in a statement. “Our goal is to provide users with a robust, user-friendly platform that offers the benefits of DeFi without the complexities, making financial freedom accessible to everyone.”
DeFi Banking Without the Jargon
Unlike many crypto platforms that cater primarily to advanced users, ether.fi is positioning itself as a mainstream-ready app—blending fiat-based financial tools with crypto-native yield strategies.
One of its flagship features will be its restaking service, which lets users stake their ETH and receive liquid staking tokens (LSTs) in return. These LSTs can then be used across the DeFi ecosystem to generate additional yield, all while maintaining exposure to the original staked assets.
Why It Matters
As the DeFi industry matures, protocols like ether.fi are racing to offer consumer-grade interfaces that replicate traditional banking experiences—but with higher earning potential, greater transparency, and programmable finance at the core.
The move reflects a growing trend of “DeFi meets neobank” solutions, blending crypto-native yields with everyday financial features.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/ether-fi-to-launch-defi-neobank-with-bill-pay-and-payroll-features/