Arbitrum Reduces Gas Fees with ArbOS Atlas Upgrade
Arbitrum Reduces Gas Fees with ArbOS Atlas Upgrade
🔥 Gas Fees Slashed!
Arbitrum has announced further reductions in gas fees for its Arbitrum One layer 2 scaling solution. The ArbOS Atlas upgrade, which went live on March 19th, introduces lower fee floors and average fees. Specifically, the L1 surplus fee per compressed byte has been reduced from 32 gwei to 0, and the L2 base fee minimum has been lowered from 0.1 gwei to 0.01 gwei. These changes, combined with the recent Ethereum Dencun upgrade enabling blobspace data availability, are expected to improve affordability and enable greater economic activity on Arbitrum at lower costs. Further enhancements, such as the upcoming Stylus upgrade, are anticipated to bring additional efficiency improvements.
Blobs are finally on Ethereum, here's an update on Arbitrum support! 1⃣ Tomorrow, all Arbitrum rollup chains can start to see lower fees as a result of Dencun x ArbOS Atlas upgrade. 2⃣ March 18th there will be additional fee reductions for Arbitrum One, as per ArbOS Atlas.
The blobs have arrived on Ethereum! 🐡 The Dencun upgrade has successfully launched on Ethereum mainnet making it one of the biggest upgrades to support Layer 2’s in scaling Ethereum. Now with the Ethereum mainnet upgrade complete, we expect the ArbOS Atlas upgrade to be
We're excited to upgrade all of Caldera's Orbit chains to Atlas, bringing Ethereum blobspace as a data availability layer to our users and dramatically reducing costs for their communities. Long live Ethereum.
The blobs have landed on Arbitrum! 💙 🐡 ArbOS 20 "Atlas" is now live, blobs are in effect, reducing data posting costs. ⛽ Additional execution gas fee reductions for Arbitrum One will go live on March 18. More details below 👇 offchain.medium.com/da106378326b
Another round of gas savings, you say?! Phase 2 of ArbOS Atlas is now live and the Arbitrum One gas fees have been further reduced! ⛽️ 1️⃣ Lower fee floor, lower average fees 2️⃣ Stacks with blob savings More below 👇
Arbitrum Launches $40M DeFi Renaissance Program
Arbitrum has launched the **DeFi Renaissance Incentive Program (DRIP)**, distributing **$40 million worth of ARB tokens** to boost DeFi activity on the network. **Key Details:** - **80 million ARB tokens** allocated for the program - Season 1 focuses on **looping strategies** for lending markets - Target protocols include **Aave and Morpho** - Created by @EntropyAdvisors and executed by ArbitrumDAO The initiative aims to drive increased participation in DeFi protocols built on Arbitrum's Layer 2 network. The program represents a significant investment in growing the ecosystem's total value locked and user activity. [Read full details](http://blog.arbitrum.io/introducing-drip-the-defi-renaissance-incentive-program-on-arbitrum)
Stylus Physical Redemptions and Mint Deadline
**Stylus** offers a unique opportunity for collectors of **Infinite Rainbows** by @JimenaBuenaVida: - Physical redemptions begin Monday, Oct 7 at 12:00pm ET - Mint deadline: Sunday, Oct 6 at 12:00pm ET - Exclusive minting available at http://mintstylus.xyz Don't miss this chance to participate in both digital and physical art collection. Mark your calendars and prepare for this limited-time event. *Visit the official website for more details and to participate in the mint.*
Arbitrum Welcomes MagicEden and Ubisoft's New Game
Arbitrum is expanding its ecosystem with the addition of MagicEden and a new game from Ubisoft. Key points: - MagicEden, a prominent NFT marketplace, is joining the Arbitrum network - Ubisoft is launching a new game called 'Captain LaserHawk: The G.A.M.E' on Arbitrum - The game, developed by EdenOnline, will feature an upcoming mint For more information about the game and mint process, visit: https://edenonline.ubisoft.com/ **Stay tuned** for further updates on this exciting collaboration between Arbitrum, MagicEden, and Ubisoft.
Arbitrum Autumn Achievements
Arbitrum's autumn season is marked by significant milestones: - **1 billion transactions** on Arbitrum One - **1 million** Infinite Rainbows Stylus NFTs minted - First Layer 2 solution on Uniswap to reach **200 billion in swap volume** These achievements highlight Arbitrum's growing adoption and utility in the blockchain ecosystem. The platform continues to demonstrate its scalability and efficiency as a leading Ethereum Layer 2 solution. *What's next for Arbitrum?* Stay tuned for future developments and potential new records.
Arbitrum Builders Bounty Challenge Launched
The Arbitrum Builders Bounty Challenge is now live, offering developers an opportunity to showcase their skills and win a share of a $10,000 grant. Key points: - Challenge focuses on building decentralized applications (dApps) - Total prize pool: $10,000 - Open for participation now Interested developers can join the challenge and submit their dApps for consideration. This event provides a platform for innovators to demonstrate their creativity and technical prowess in the Arbitrum ecosystem. For more details and to participate, visit: https://earn.stackup.dev/campaigns/arbitrum-builders-bounty-challenge/quests/bounty-showcase-your-dapp-926d Don't miss this chance to build, learn, and potentially earn!