Hourglass deploys in Arbitrum ecosystem
Hourglass deploys in Arbitrum ecosystem
Hourglass has deployed in the Arbitrum ecosystem, taking advantage of the permissionless profit-sharing model. The program allows Orbit chains to create customized L2s or L3s that settle directly to Ethereum or other Ethereum L2s. A portion of the profit sharing will support the Arbitrum Developer Guild. L3s settling to Arbitrum One and Nova are exempt from contributing revenue. The program offers support for highly customizable chain configurations and provides freedom from shared governance.
Congrats to Hourglass on deploying in the Arbitrum ecosystem! 💙🧡
We’re thrilled to announce that Hourglass is now live on Arbitrum, offering low-fee, secure stablecoin swaps to all Arbinauts! 👩🚀👨🚀 Many thanks to @peterhaymond and the incredible team at Offchain Labs for their support.
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!