Gnosis Chain Announces Lower Bonder Fees
Gnosis Chain Announces Lower Bonder Fees
馃憖 Mind-Blowing Fee Reduction!
Gnosis Chain, a layer-2 scaling solution, has announced a reduction in bonder fees for transferring DAI cryptocurrency into and out of its network. The new lower fees aim to provide users with an even more cost-effective experience when utilizing the Gnosis Chain. Additionally, the platform hints at the possibility of slippage occasionally working in favor of users. Gnosis Chain positions itself as a community of layer-2 pioneers, inviting users to join and explore its cross-chain capabilities.
If you thought fees for DAI were low before, think again! Bonder fees into AND out of @gnosischain are now lower than ever. Sometimes the slippage might even work in your favor 馃憖
Hop Protocol V1 Sunset Announcement
**Important Notice for Hop V1 Users** Hop Protocol is preparing to transition from V1 to V2, and incentives for V1 are ending soon. Key Actions Required: - Remove LP positions from Hop V1 AMMs immediately - Avoid 7-day withdrawal waiting period by acting now *Note: Failing to remove positions before the wind-down will result in mandatory 7-day withdrawal delays.*
Hop Announces Rails: A New Trustless Bridge Protocol
Hop introduces Rails, a permissionless bridge protocol that aims to solve current bridge inefficiencies: - Achieves capital efficiency comparable to trusted bridges without requiring liquidity provisioning - Features direct user-to-user settlement via virtual AMM system - Introduces Hop Hub rollup as central liquidity routing point - Enables permissionless token addition and cross-chain transfers Initial launch will begin with limited routes and bonders, gradually expanding to full functionality. Future plans include opening the modular messaging layer for broader cross-chain applications. Learn more: - [Blog Post](https://hop.mirror.xyz/ses1eBc83EWRVLec6FmFWB7gFsvSCiLiAd8015l3I4g) - [Whitepaper](https://hop.exchange/Rails.pdf)
Hop DAO Launches 2.25M $HOP Token Grants Program
Hop DAO announces a revitalized grants program backed by 2.25M $HOP tokens. The initiative seeks proposals across multiple categories: - Hop v2 protocol enhancements - Marketing and awareness campaigns - Community tool development - Governance infrastructure - Cross-protocol innovations Developers, marketers, and community builders can submit proposals through the Hop DAO forum. This follows Hop's successful collaboration with Optimism, where their sybil detection work recovered ~1% of OP from Airdrop 1. *Submit proposals at: forum.hop.exchange*
Hop Protocol Announces Arbitrum Integration and Incentives
Hop Protocol has claimed a grant from the Arbitrum Layer Two Incentive Program (LTIPP). For the next 12 weeks, users can stake their Ethereum (ETH), DAI, and USDT liquidity provider tokens on the Arbitrum network to earn Arbitrum (ARB) tokens as rewards. Additionally, Hop users sending funds to Arbitrum will receive an 80% refund on their total onboarding fees during this period. This integration aims to promote the adoption of Layer 2 scaling solutions and foster collaboration between the Arbitrum and Hop communities.
Hop's LTIPP Proposal Passes Arbitrum Governance
Hop's proposal for a long-term incentive plan has been approved by the Arbitrum governance process. The proposal allocates 500,000 ARB tokens to be used for enhancing and expanding the Arbitrum ecosystem through Hop's initiatives. This development is seen as a significant step in fostering the growth of the Arbitrum Layer-2 network and its associated projects.