Arbitrum

This week's points have been allocated and next week is Arbitrum week. Trading on SiloFinance, RDNTCapital, or Lodestarbackup will automatically double your points on Contango from the 14th to the 20th of February.

The Arbitrum Foundation has awarded a grant to IQ Protocol for the launch of their NFT rental technology on Arbitrum One and Arbitrum Nova in early Q2. This paves the way for groundbreaking innovation in NFT space. Excitement is high among the Arbinauts community.

Pirate Nation School has opened its doors, offering a Golden Compass NFT to those who complete 5 lessons. The NFT is limited to 50 holders who will become Founding Members of the Pirate Guild, granting them governance rights and access to guild resources. Additionally, there is a chance to win a Pirate's Frigate by liking, retweeting, and following. More details in the link provided.

Footium, a multiplayer game where users can own and manage a digital football club, has joined the Arbitrum ecosystem. Exciting opportunity for football enthusiasts to immerse themselves in this game.

Arbitrum announced their network integration on NINFA scheduled for March, offering curation on a new Art ecosystem. Those interested in being part of the launch can DM for more information.

Arbitrum's Garden has surpassed Ethereum in total volume, accounting for 70%. The platform offers fast swap times and low fees, making it an attractive choice for bridging Bitcoin.

EtherFi's eETH on Arbitrum has quickly gained momentum in less than 2 days, attracting significant weETH liquidity. EigenLayer, now the 5th biggest DeFi protocol, has $5.5 billion TVL. The Pendle x EtherFi partnership aims to facilitate restaking and LRT on the Great Blue Chain. The Pendle LRT initiative is expanding across the ether-verse.

The virtual world ZTX Beta is now officially live on Arbitrum. Exciting news for users looking to explore the virtual realm on the platform.

DeriProtocol, an Optimistic rollup project deployed on Arbitrum One using Arbitrum Orbit technology, is the first active L3 project to be highlighted on L2BEAT. The project is centered on DeFi. Check out the infographic for more information.

The IPOR Protocol has been launched on Arbitrum, bringing a critical missing piece to the derivatives ecosystem. Having underwritten over $4.3 billion in interest rate swaps on Ethereum, IPOR's arrival is significant for Arbitrum.