Gnosis Validator Meetup 'Dencun Preparations'

**Gnosis Chain is positioning itself as the go-to platform for local currency stablecoins**, moving beyond the USD-dominated crypto landscape. - The network recently launched **ZARP**, a South African Rand-pegged stablecoin from Inves Capital - Users can now onramp and offramp ZARP directly on Gnosis Chain - This represents part of Gnosis's broader strategy to support **diverse regional currencies** The move addresses a key gap in DeFi, where most stablecoins are pegged to USD. By supporting local currencies, Gnosis Chain enables: - **Reduced currency conversion costs** for non-USD users - Better **financial inclusion** in emerging markets - More **accessible DeFi** for global communities This expansion could make Gnosis Chain particularly attractive to users in regions with strong local currencies or those seeking to avoid USD exposure in their DeFi activities.

**Critical Update Required** All validators running the Nethermind client need to update to the latest version immediately. This follows previous incidents where Nethermind bugs caused validator outages. **Key Points:** - Urgent update advisory issued for Nethermind validators - Previous Nethermind issues have caused multi-hour validator downtime - Client diversity remains a concern for network resilience **Action Required:** Validators should prioritize updating their Nethermind client software to avoid potential service disruptions.

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.

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.

The Gnosis Chain team has arrived in Bangkok for Devcon and related events. Key highlights include: - **Devconflict Forum** (Nov 9-10): Open discussions on Ethereum's challenges - **Notable Talks**: • Koeppelmann on Why Gnosis Chain isn't an L2 • SCBuergel's fireside chat with Vitalik Buterin • Gnosis AI team workshop on Prediction Markets - **Multiple Venues**: Team members will be present at ETHGlobal Bangkok, Pragma, Oracle Summit, and various ecosystem events *Developers can participate in the ETHGlobal Bangkok Hackathon to build cross-chain apps and DeFi solutions on Gnosis Chain.*