Gnosis Chain announced on the X platform that it has launched Circle's EURC.e and USDC.e based on the Bridged Circle Standard. Users can bridge EURC.e through the Gnosis Omnibridge, and liquidity is now available on Curve Finance. It is reported that using the Bridged Circle Standard allows Circle to control the contract and transform assets into native assets in the Circle ecosystem. In addition, the company stated that the plan to transition from bridging USDC to USDC.e will be announced in the coming weeks.

Gnosis Chain announced that it plans to terminate the validator incentive program Gnosis VIP in April 2024. The reasons for termination include:1. Inability to accurately locate participating nodes;2. High project costs; 3. High risks. The Gnosis Builders team stated that after the end of the program, all funds allocated to the program will be returned to the Gnosis treasury for future ecosystem enhancement. Prior to closure, a reward claim page will be released for eligible validators to submit reward applications.

According to Whale Alert monitoring, at 19:24 Beijing time, 100,000 GNO (20,302,673USD) was transferred from Gnosis Treasury to an unknown wallet.

The total value locked (TVL) in the Ethereum sidechain Gnosis Chain has doubled since early October, increasing from $75 million to approximately $150 million, while transactions and fees on the network have also surged. Data shows that this surge was driven by the transfer of $50 million stablecoins to Gnosis Chain. These funds are being used to increase savings rates through MakerDAO's Spark lending protocol, which currently offers a rate of over 7%. By bridging to Gnosis Chain, more and more users are converting their xDAI to Savings xDAI, generating interest from all sDAI held on the mainnet bridge.