Thales Implements Pledge Service on Arbitrum
It is reported that Thales under the Synthetix ecological option agreement has deployed token pledge service in Arbitrum. At present, Thales supports the main …
It is reported that Thales under the Synthetix ecological option agreement has deployed token pledge service in Arbitrum. At present, Thales supports the main network of Ethereum, Optimism and Arbitrum. Among them, the basic reward is 20000THALES, which is distributed to all pledgers of weekly epoch on the Arbitrum chain in proportion, and the Bonus reward is 10000THALES, which is distributed to users of products built on Arbitrum in proportion. （Medium）
Thales has deployed token pledge service in Arbitrum
Interpretation of the news:
Thales, a decentralized solutions provider, has reportedly deployed token pledge service in Arbitrum under the Synthetix ecological option agreement. With the latest implementation, Thales now supports the main networks of Ethereum, Optimism, and Arbitrum.
As per the message, Thales offers a basic reward of 20000THALES, which is distributed weekly epoch in proportion to all pledgers on the Arbitrum chain. Additionally, a Bonus reward of 10000THALES is distributed in proportion to users of products built on Arbitrum.
The deployment of the pledge service on Arbitrum is a positive move for Thales and the crypto community. Pledge service represents a crucial aspect of the DeFi project as it allows investors to lock-in specific assets for a set period, contributing to the liquidity of the ecosystem. The pledgers get rewards for their participation in the project, and these can be varied depending on the particular initiative.
In this case, Thales has provided a basic reward and a bonus reward, which can serve to incentivize investors for joining the pledge service on Arbitrum. The 20,000 THALES reward for pledgers means that more people may be motivated to participate, leading to higher liquidity levels.
Moreover, the Bonus reward of 10,000 THALES for users of products built on Arbitrum is an excellent move. This may lead to more projects building on top of Arbitrum and using the pledge service, potentially leading to an extended reach for both Thales and Arbitrum.
Overall, the message suggests that Thales is continuing to expand and develop its solutions, with the new Arbitrum implementation being another example. Thales is known for providing a range of decentralized solutions, and this latest move serves to reinforce its commitment to the space.
Title: Thales Implements Pledge Service on Arbitrum
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/4409/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Understanding the Current Total Lockup Volume of Ethereum Layer2: An Overview
According to reports, according to L2BEAT data, the current total lockup volume of Ethereum Layer2 has increased to $9.16 billion, with a 7-day increase narrowing to 4.06%. Among t
-
Ethereum L2 Lockup Volume and Top Players
According to reports, according to L2BEAT data, the current total lockup volume of Ethereum L2 is 10.51 billion US dollars, with a 7-day increase of 14.92%. Among them, the top fiv
-
Understanding the Current State of the Cryptocurrency Market
According to reports, according to CoinGecko data, the current total market value of cryptocurrencies is $1.21 trillion, with a 24-hour decline of 0.5% and a 24-hour trading volume
-
NULS launches a significant airdrop to incentivize users to interact with its DApps
On March 2, the public chain NULS tweeted that it would airdrop 60000 NULS to users interacting with any NULS ecosystem DApp. The first round of air drop distr…
-
**Arbiter for EVM: A Powerful Analysis Tool for DeFi Security and Strategies**
On March 28th, DeFi infrastructure and product developer Primitive launched a beta version of the analysis tool Arbiter for EVM. Arbiter implements revm based on Rust EVM, which wi
-
The Discord server of the Dynex project has been hacked
It is reported that according to CertiK monitoring, the Decord server of the Dynex project has been invaded, and the hacker has released a phishing link（ hxxps://dynexcoin.xyz/aird
-
India’s Central Bank is Exploring Offline Functionality for Digital Rupee
It is reported that Ajay Kumar Choudhary, Executive Director of the Reserve Bank of India (RBI), provided some latest information about the Central Bank of Ind…
-
Comprehensive Guide On US Internal Revenue Service and Rollup Finance
12: 00-21:00 Keywords: US Internal Revenue Service, Rollup Finance, CZ, Trust Wallet
Important updates on the evening of April 22nd
Are you an individual or business owner who is c -
Title: Distributed Capital Partner Shen Bo Claims His Wallet Address Was Stolen, Denies Selling Over 550000 LQTYs
On April 16th, Shen Bo, a partner of distributed capital, responded to previous reports that he had \”sold over 550000 LQTYs\”, stating that his wallet address had been stolen and th
-
US District Judge Rejects Terraform and Do Kwon’s Request to Withdraw Documents Requested by the SEC
On April 18th, according to court records, US District Judge Jed Rakoff rejected the requests of Do Kwon and Terraform during Friday\’s hearing. Do Kwon and his company had previous
-
Creating a Standard for Converting Ed25519 Key Pairs into Curve25519 Key Pairs for Asymmetric Encryption
On April 10th, Valentin, a member of the Solana community, initiated a proposal to create a standard that converts Ed25519 key pairs into Curve25519 key pairs designed for the Diff
-
The 7:00-12:00 Window: Navigating Transactions with PayPal, Bitter Deer, Zhong’an Bank, and Chen Maobo
7: 00-12:00 Keywords: PayPal, Bitter Deer, Zhong\’an Bank, Chen Maobo
Summary of important updates during the afternoon on April 12th
In today\’s global economy, digital transactions -
Ripple’s Legal Battle Against SEC Continues
It is reported that the legal struggle between Ripple and the United States Securities and Exchange Commission (SEC) is still ongoing, and both parties have fi…
-
What does regulatory sandbox mean and what are its advantages (the role of regulatory sandbox)?
What does regulatory sandbox mean and what are its advantages? According to a re
-
What Does ATM Options Mean?
What does ATM options mean? When market prices fluctuate, options trading can b
-
Justin Sun transfers 100 million USDCs to Coin An, indicating a possible deal
According to reports, according to Whale Alert data, 100 million USDCs were transferred from the address of Justin Sun’s wallet to Coin An. 100 million USDCs were transferred from Sun Yuchen’s wallet address to Qian An Analysis based on this information:According to recent reports, Justin Sun, the founder of Tron and CEO of BitTorrent, has transferred 100 million USDCs from his wallet to an unknown address associated with Coin An. This move has raised eyebrows among cryptocurrency enthusiasts and investors as it indicates the possibility of a significant deal or investment. USDC, also known as USD coin, is a stablecoin pegged to the US dollar that is issued by Circle and Coinbase. It is often used in cryptocurrency trading and has a market cap of over $3 billion. Sun’s transfer of such a large amount of USDCs is not a common occurrence and could signify a significant investment by Sun or a collaboration between his entities and Coin An. Coin…