I have a multi-line UILabel
that I want to enable zooming on.
I embedded it with a UIScrollView
and set min zoom to .25 and max zoom to 4.
The UIScrollView's built-in scaling only applies a transform to your content view, which results in blurriness at anything above a scale factor of 1.0. For truly sharp rendering, you'll need to handle the scaling yourself. I describe a chunk of the process in this answer.
You'll need to keep track of the scale factor of the content view manually, then in the -scrollViewDidEndZooming:withView:atScale: delegate method you'll apply that scale. For your UILabel, that will mean changing the font size to reflect the new scale.
In order to maintain the correct scroll position, you'll need to grab the contentOffset of the UIScrollView within the above delegate method and calculate what position that corresponds to in the newly scaled UILabel. You then set the contentSize of the scroll view to match the new size of the UILabel and use -setContentOffset:animated: to set the newly calculated content offset (with animated set to NO).
It's a little tricky to get the math right, but I do this when scaling text in one of my applications, which can be seen in the video demonstration of that application (at about the 1/3 mark).