Integration of the stablecoin GHO on Arbitrum: innovation and scalability in the Aave protocol
Enhanced interoperability: the crucial role of Chainlink in the success of GHO.
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Enhanced interoperability: the crucial role of Chainlink in the success of GHO.
The stablecoin was launched on the Ethereum mainnet by Aave over a year ago. GHO will use the widely used Chainlink Cross-Chain Interoperability Protocol (CCIP).
The deployment of the GHO stablecoin on the Ethereum layer-2 network will leverage Chainlink's CCIP interoperability protocol.
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO's phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched GHO on Arbitrum, utilizing the Chainlink Cross-Chain Interoperability Protocol (CCIP).
TL;DR Aave has launched its GHO stablecoin on Arbitrum, initiating its planned multi-chain expansion and allowing users to mint and burn GHO natively with version v3. The integration with Arbitrum aims to reduce fees, speed up transactions, and enhance GHO liquidity, backed by multiple collaterals with a market capitalization of $89.1 million.
A year after Aave activated the GHO stablecoin on the Ethereum mainnet, it is now launching it on Arbitrum.
Arbitrum (ARB) has emerged as a significant player, particularly within the realm of Layer 2 scaling solutions designed to enhance blockchain efficiency. As stakeholders closely monitor its performance, let's delve into a comprehensive analysis and projection for Arbitrum's price movements from 2024 through 2030.
Arbitrum and Optimism have been pivotal players, navigating through a year of significant developments and challenges. While both platforms have seen a surge in transaction volumes, their Total Value Locked (TVL) and native token values have faced notable declines.
Arbitrum and Optimism saw increased transactions, but their TVLs have declined.
Arbitrum's new proposal has the potential to significantly improve transaction ordering on the network.
Coinbase Layer 2 (L2) scaling protocol Base Network has outperformed some of its leading competitors like Arbitrum. Base Growth and Key Triggers According to on-chain analyst Leon Waidmann, Base has officially secured the position of “most used Ethereum L2.
PancakeSwap has launched a new prediction market on Arbitrum in collaboration with Allora, an AI and ML firm.
TL;DR Several major cryptocurrency projects will unlock tokens worth $755 million in July. AltLayer leads with the most token unlocks, followed by Xai, Aptos, and Arbitrum. Other projects such as Optimism, Forta and Tornado Cash will also make significant unlocks this month.
AltLayer, a decentralized protocol that facilitates the launch of native and restaked rollups, will take the lead with a planned release of 684 million ALT tokens on July 25.
Arbitrum's (ARB) price is in for a major drawdown looking at not just the chart pattern but also the investors' behavior.
Pancake Swap is among the most active DEXes in terms of daily users, as well as fees. The DEX carries multiple special liquidity pools with incentives paid in ARB or other tokens.
The famous decentralized exchange PancakeSwap has just launched a prediction market based on AI on the Arbitrum blockchain.
PancakeSwap has launched an AI-powered Prediction Market on Arbitrum, allowing users to forecast Ether price fluctuations with data supplied by Allora Networks machine-learning capabilities. PancakeSwap Teams Up with Allora to Launch AI-Driven Ether Prediction Market on Arbitrum PancakeSwaps AI-powered market now enables Arbitrum users to forecast Ether price fluctuations, utilizing Alloras machine-learning data to ensure precision.
TL;DR PancakeSwap has announced the launch of a prediction market on Arbitrum powered by AI and offering substantial prizes for participants. The platform aims to expand its ecosystem through new functionalities on Arbitrum, with price predictions occurring every 10 minutes. A 9-week campaign will be launched with $60,000 in ARB as prizes.
PancakeSwap, a decentralized multichain trading protocol, has officially unveiled a new AI-powered predictions market. The DeFi protocol revealed in an announcement on Wednesday, June 26 that the predictions market is now on Ethereum Layer-2 network Arbitrum.
Arbitrum users can now predict Ether price movements with PancakeSwap's AI-powered market, leveraging Allora's machine-learning data for accuracy.
The goal of the proposal is to improve the security of the Abitrum DAO treasury, which has accumulated a large amount of ETH.
Recently, the ArbitrumDAO approved 225 million ARB tokens. This funding aims to support a 3-year GCP to enhance the adoption of Arbitrum, Orbit, and Stylus among game developers.
The promise of guaranteed high yields with downside protection is often a red flag when navigating a sea of DeFi app marketing speak.