Arbitrum’s official Twitter will host a live broadcast of the Seraph game at 23:30 today
On December 15th, according to official sources, Arbitrum's official Twitter will live stream Seraph game at 23:30 Beijing time on December 15th.
The Arbitrum community voted to approve the proposal to “extend the incentive distribution deadline for STIP and BackFund projects to March 2024”
On December 10th, the Arbitrum community voted on a proposal to extend the distribution deadline for incentives for the STIP and BackFund projects until March 2024. The aim is to extend the deadline for the protocols under the STIP (Short Term Incentive Plan) and the BackFund program. According to this proposal, protocols within the STIP will have until March 1st, 2024 to distribute ARB tokens to users, while the BackFund program's protocol will continue to provide liquidity support until March 15th, 2024, with ARB token distribution completed by March 29th, 2024.
Web3 media Rug Radio reaches cooperation with Arbitrum
On December 10th, Web3 media Rug Radio announced a partnership with Arbitrum on the X platform to jointly build a technology stack to promote the development of decentralized media, advertising technology, and user rewards.
Arbitrum proposes to build ApeChain based on Arbitrum technology, with growth led by Horizen Labs
Arbitrum has submitted a proposal to Apecoin suggesting the use of APE as the native Gas token to develop ApeChain on Arbitrum, with ecosystem development led by Horizen Labs. The proposal states that ApeChain, built on Arbitrum technology with guidance and support from Horizen Labs experts, is the best way to attract more users to the Ape community.
Shell Protocol: Arbitrum STIP proposal approved, will receive up to 750,000 ARB tokens
DeFi protocol Shell Protocol announced on X platform that the Arbitrum STIP funding proposal has been approved. Shell will receive up to 750,000 ARB tokens and distribute them to the community through swap rebates.
The Arbitrum community has voted against the "Empowering Early Contributors: Community Arbiter Proposal"
On December 5th, the Arbitrum community voted against the "Empowering Early Contributors: Community Arbitrator Proposal", which suggested distributing 500,000 ARB tokens evenly among 24 members.
Arbitrum One Network TVL reaches $8.12 billion, a record high
On December 5th, according to L2BEAT data, the total value locked (TVL) on the Arbitrum One network has reached a new all-time high of $8.12 billion, with a 7.08% increase in the past 7 days.
RabbitHole will receive 1 million ARB grants and distribute them to the community
Web3 on-chain incentive platform, RabbitHole, announced on X platform that the proposal to provide funding support for successful STIP proposals on Arbitrum has been approved. RabbitHole will receive a grant of 1 million ARB tokens and plans to distribute them to the community. Previously, the Arbitrum community voted on the on-chain proposal to provide funding support for successful STIP proposals. The proposal outlines a one-time funding support plan for all "approved but unfunded proposals" for Arbitrum STIP, which aims to increase the total budget by 21.4 million ARB to 71.4 million ARB and increase the number of participating protocols by 26, with a total of 56 funded projects. The plan hopes to distribute the ARB held by DAO to incentive measures while utilizing the distribution system, consensus, and delegation due diligence created by STIP 1.
Radiant Capital updates its 2 million ARB airdrop plan and the qualification period will end before February 16 next year
Radiant Capital, a multi-chain lending protocol, has updated its plan to distribute 2 million ARB tokens via airdrop. The qualification period will end before February 16, 2024.
unshETH announces that the Arbitrum STIP Backfund proposal has been successfully passed
LSD protocol unshETH announced on social media that the Arbitrum STIP Backfund proposal has been successfully passed. It will receive 375,000 ARB grants (worth about $400,000) to help develop the unshETH protocol on Arbitrum.
RabbitHole: Arbitrum backup fund proposal approved, 1 million ARB will be received and distributed to the community
RabbitHole, a Web3 on-chain incentive platform, announced on X platform that the Arbitrum STIP reserve fund proposal has been approved, and will receive one million ARB grants and distribute them to the community. This means that the most loyal users will receive more tasks and higher rewards. It is reported that RabbitHole hopes to build the ArbitrumQuestGateway and distribute one million ARB through incentives to RabbitHole's task users.
Arbitrum One TVL exceeds US$8.1 billion, reaching record high
According to L2beat data , the total locked-in volume of ArbitrumOne has increased by nearly 5% in the past 7 days, reaching a new historical high of $8.13 billion and ranking first in the current L2 locked-in volume ranking.
Arbitrum Community Approves Distribution of $23.4 Million in Tokens for Additional Grant Projects
The Arbitrum community has approved the distribution of 21.1 million ARB tokens worth $23.4 million to 26 additional projects. The proposal was voted on between Nov. 18 and Dec. 2 and will fund a total of 56 projects to support new builders. The decision was not without controversy, as some members argued that a full second round would have been a fairer way to include additional protocols in the incentives program. Arbitrum is a layer-2 networking designed to scale transactions on the Ethereum blockchain, generating revenue through transaction fees.
The public beta version of Rage Trade V2, the perpetual contract protocol, has been launched
The sustainable contract protocol for the Arbitrum ecosystem, Rage Trade, stated in a post on the X platform that the Rage V2 Aggregator has processed $700,000 in transaction volume since its launch 36 hours ago.
A giant whale deposited 3 million ARB into Binance and is currently losing about US$3.5 million on ARB.
According to Lookonchain monitoring, in the past 10 hours, a certain whale deposited 3 million ARB coins (worth 3.11 million US dollars) into Binance. At the peak price, the whale withdrew 6.47 million ARB coins (worth 10.27 million US dollars) from Binance at a price of 1.59 US dollars. Currently, the whale holds 3.52 million ARB coins (worth 3.66 million US dollars) and has lost a total of 3.5 million US dollars on ARB.
GMX distributes 100,000 ARB incentives to ecological project Vaultka
According to official sources, GMX announced that it will distribute 100,000 ARB incentives to Vaultka, all of which will be used for USDC lending pool rewards for a period of 12 weeks. It is understood that Vaultka offers a different income strategy based on LP tokens, which achieves higher returns by leveraging long LP tokens. For lenders (users who provide stablecoins), they can not only receive basic annual percentage yield (APR) returns, but also share a portion of the income based on the leverage multiple selected by the strategy user. Currently, the deposit interest rates on the Vaultka platform are as follows: BTC 14% (coin-based), ETH 14% (coin-based), USDC 20%+45% esVKA emission, of which 10% of USDC income is provided by GMX.
Dolomite has added support for RDNT, PREMIA, and JONES for borrowing and lending
Dolomite, the currency market protocol on Arbitrum, has added support for borrowing and lending RDNT, PREMIA, and JONES.
Market maker protocol Swaap will be listed on Arbitrum
Market maker agreement Swaap announced that it will go live on Arbitrum, and the team is currently running the latest tests before release.
PancakeSwap Perpetual V2 Dumb mode is now available on Arbitrum
PancakeSwap announced on X platform that PancakeSwap Perpetual V2 Dumb mode is now available on Arbitrum.
Phalcon: An unknown project on Arbitrum was attacked, resulting in a loss of more than $40,000
Phalcon posted on X platform, stating that the system detected an unknown project on Arbitrum being attacked, resulting in losses exceeding $40,000. This is similar to the Hope.money incident that occurred in October. The attacker (0x9e1f13) initiated a series of attack transactions.
