ETH Tiered Leverage Protocol F(x) Has Allowed Users to Cross-Chain fETH, xETH and FXN Tokens to Arbitrum
On October 19th, it was reported that the ETH leveraged protocol f(x) has adopted LayerZero's homogeneous token (OFT) standard, allowing users to cross-chain fETH, xETH, and FXN tokens to the Arbitrum network. The minting and exchange of fETH and xETH will still only take place on the main network, but token bridging between Ethereum and Arbitrum can be completed through the bridge option on the official website.
Bracket Labs launches Arbitrum-based trading platform Passages testnet
Bracket Labs has launched the testnet for its volatility market product Passages based on Arbitrum. Passages is a new one-click range trading platform created by a senior team with experience from companies such as DE Shaw, Merrill Lynch, Barclays, Bloomberg, Consensys, and DeerCreek. It provides leveraged volatility options suitable for any market condition.
After Cointelegraph published false ETF information last night, approximately 20.2 million ARB were redistributed through Coinbase
About 20.2 million ARB (worth $16.3 million) were redistributed through Coinbase after Spot On Chain monitoring reported false news about the US SEC approving the iShares Bitcoin Spot ETF on Cointelegraph.
Voting for Arbitrum’s 50 Million ARB Short-Term Incentive Plan Ended: 29 Projects Including Camelot, Jones and GMX Won
October 13th, the first round of voting for Arbitrum's Short-term Incentive Plan (STIP) has been completed. According to Arbitrum rules, out of the 97 proposals submitted, 29 projects will be able to participate in this incentive plan, including Camelot, Jones, Dopex, GMX, Galxe, LODESTAR, Socket, Timeswap, RADIANT, Pendle, MUX, Frax, Tally, Rysk, Silo, Stella, Good, Gamma, Umami, Abracadabra, KyberSwap, OpenOcean, Angle, Trader, Dolomite, Premia, Vertex, Perennial, and Balancer.
Beluga Protocol on Arbitrum Suffered an Attack
October 13th, according to PeckShield monitoring, Beluga Protocol, a DeFi protocol on Arbitrum, was attacked and lost 108.9 ETH. The initial funding for the attacker's address came from 0.1 ETH on OKX.
Silo Finance’s Proposal to Apply for 1 Million ARB Incentives Has Reached the Legal Vote Threshold for Passing
On October 10th, Silo Finance, a decentralized lending protocol, proposed a Short-Term Incentive Plan (STIP) to apply for 1 million ARB tokens on Arbitrum. As of the time of writing, the proposal has received 76 million supporting votes, surpassing the required threshold of 71.51 million votes for approval.
Arbitrum Week 2 Odyssey Events Resume on October 16th
Arbitrum announced that the second week of the Odyssey event will resume on October 16th. The interactive tasks for this round will take place on the NFT market TofuNFT and perpetual order book DEX Aboard Exchange. If users have already completed the tasks for the second week, they do not need to perform them again after the restart on October 16th.
DeFi derivatives exchange OptionBlitz launches Arbitrum mainnet
DeFi derivative exchange OptionBlitz has announced the launch of Arbitrum mainnet. The platform is a decentralized binary options, barrier options and regular options trading service provider supported by Arbitrum.
The Arbitrum Community Has Opened the Second Round of Voting for the Security Council Election, Which Will End in 19 Days
October 9th, the Arbitrum community has opened the second round of voting for the Security Council election, with 19 days left to vote. The second round of voting will last for 21 days, with full voting rights for the first 7 days and linearly decreasing voting rights from day 8 to day 21.
Pendle’s Proposal Vote on Arbitrum’s Short-Term Incentive Plan Has Received Over 96% of Votes in Favor
Pendle Finance has received over 96% of approval votes in the proposal voting for the Arbitrum Short-Term Incentive Plan (STIP).
