Aave DAO launching GHO stablecoin on Arbitrum
A year after Aave activated the GHO stablecoin on the Ethereum mainnet, it is now launching it on Arbitrum.
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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.
TL;DR Diversification Effort: The Arbitrum Endowment Committee proposes a $27 million investment across six real-world assets (RWA) products to diversify their DAO treasury. This move aims to bridge traditional finance and decentralized finance (DeFi). Allocation Details: BlackRock's BUIDL Fund receives the largest share (31% of funds), leveraging BlackRock's asset management expertise.
A proposed ARB staking mechanism aims to boost security and encourage participation in Arbitrum.
A governance proposal made by an Arbitrum DAO delegate has pitched a token staking mechanism to address security concerns.
The Arbitrum (ARB) STEP Committee has endorsed plans to diversify 6 million ARB coins, worth around $4.5 million at the current price, from the Treasury into Ondo's USDY. Ondo Finance is among the leading projects in the real-world asset tokenization industry, and Arbitrum's significant validation means a lot in expanding its adoption.
In terms of fees per user, Starknet and Arbitrum excelled, second only to zkSync Era.