Gnosis Chain Enhances Liquidity for OLAS and HOPR with CoWSwap AMM Features
Gnosis Chain Enhances Liquidity for OLAS and HOPR with CoWSwap AMM Features
Gnosis Chain announces leveraging CoWSwap AMM's features to provide liquidity for OLAS and HOPR. They received 8.5M OLAS and 10M HOPR from GnosisDAO investments and are establishing liquidity pools on Gnosis Chain. CoW FM-AMM model eliminates traditional arbitrage and reduces LVR, setting a new standard. Key liquidity pools GNO-COW, GNO-HOPR, and GNO-OLAS are being launched. Gnosis is committing to OLAS by locking 6M tokens for 6 months and utilizing funds to enhance OLAS-GNO liquidity. Strategic reserves aim for minimal market impact with the majority of unlocked tokens supporting buybacks and ecosystem strengthening.
We're giving a spin to @CoWSwap AMM's groundbreaking features to provide liquidity to $OLAS and $HOPR on @gnosischain. Goodbye LVR. 馃憢馃徏
We are pleased to announce some strategic developments following disbursements from @GnosisDAO investments in OLAS and HOPR. Our action plan focuses on leveraging @CoWSwap FM-AMM liquidity pools to establish long-term partnerships and enhance our ecosystem. Gnosis has received
We are pleased to announce some strategic developments following disbursements from @GnosisDAO investments in OLAS and HOPR. Our action plan focuses on leveraging @CoWSwap FM-AMM liquidity pools to establish long-term partnerships and enhance our ecosystem. Gnosis has received
馃攧 Bridge Quietly Switches
**Gnosis Bridge has completed its migration** from sDAI to sUSDS reserves, maintaining stable yield for users. **Key updates:** - Bridge reserves now use sUSDS instead of sDAI - Yield continuity preserved during transition - Third-party bridges using xDAI/sDAI must upgrade interfaces **No user action needed** - the migration handles everything automatically. This follows the broader USDS integration that required third-party applications to update by June 2025.
Gnosis Chain Bridges Resume Normal Operations After Balancer Exploit
**Gnosis Chain has restored full bridge functionality** after temporarily restricting access due to a Balancer v2 exploit. **Key Updates:** - All canonical and third-party bridges are now operational - Temporary restrictions implemented on November 3rd have been lifted - Bridge liquidity has been fully restored across the ecosystem **During the Downtime:** - Users could access BRLA, BRZ, zCHF, GBPe, EURe, and USDCe through UniV3 pools - CoW routing and quoting continued operating normally - The team worked with ecosystem partners to maintain alternative liquidity routes The restrictions were put in place as a **precautionary measure** to prevent fund losses while the full scope of the Balancer exploit was assessed. For detailed technical information, visit the [official forum post](https://forum.gnosis.io/t/balancer-hack-second-update/11768).
Gnosis Chain Positions Itself as Universal Hub for Local Currency Stablecoins
**Gnosis Chain is positioning itself as the primary blockchain for local currency stablecoins** beyond USD-denominated tokens. The platform aims to become the settlement layer where all foreign exchange transactions occur. Key services include: - **Liquidity provision** for various local currency pairs - **Use case development** to expand stablecoin utility - **Distribution support** for broader adoption Gnosis emphasizes that monetary systems extend beyond the US dollar, targeting a more diverse stablecoin ecosystem. The initiative appears focused on creating infrastructure for regional currencies rather than competing solely in the USD stablecoin market. The team is actively seeking partnerships and collaborations to build this multi-currency stablecoin infrastructure.
Spark Finance Airdrop Now Live for Gnosis Users
The Spark Finance ($SPK) airdrop is now available for eligible Gnosis Chain users. Qualification criteria: - SparkLend deposits of $100+ before April 15, 2025 - Holding 1,000+ xDAI on Gnosis Chain by April 15, 2025 - $5,000+ in stablecoin deposits on Aave (Gnosis Chain) by March 15, 2025 Claims can be made at [app.spark.fi/SPK/airdrop](http://app.spark.fi/SPK/airdrop) Check your eligibility and claim your tokens now.
Crypto Solving Real Financial Challenges
Recent developments highlight practical applications of cryptocurrency in everyday financial transactions: - Real-world implementation demonstrated by @functi0nZer0 showcases crypto's ability to address concrete financial challenges - Gnosis Pay partnership with @monerium enables seamless transition between on-chain and real-world transactions - Users can now easily move and spend digital assets in everyday situations *Key Innovation*: Bridge between traditional finance and crypto becoming more accessible and practical.