Now there is a proposal for 4 options for the distribution of 2.7 million $ARB tokens from Arbitrum.  

1. Saving tokens and participating in the management of the Arbitrum as Aave DAO.

2. Using tokens to finance the liquidity extraction program to support the growth of the Aave V3 Arbitrum market.

3. Sale of tokens for stablecoins or $ETH to support the treasury of Aave DAO.

4. A mixed variant that combines elements of variants 1, 2 and 3.  

📆 Deadline: April 3, 10:00 (UTC).

#Aave #CryptonResearchBot

Aavegotchi, the open-source NFT gaming protocol, has announced a partnership with Polygon to launch Gotchichain, a dedicated blockchain for all things Aavegotchi.

The collaboration will see Aavegotchi utilize Polygon’s Supernets technology to create a blockchain optimized for gaming, with faster transaction times, lower gas fees, and superior scalability. Gotchichain will be the perfect platform for Aavegotchi-themed games and dapps, providing the ultimate user experience for blockchain gamers.

“We are thrilled to partner with Aavegotchi to bring gaming to the next level,” said Hamzah Khan, Head of DeFi at Polygon. “Polygon’s Supernets technology will enable Aavegotchi to create a blockchain optimized for gaming, providing users with the ultimate NFT gaming experience.”

Gotchichain will be powered by Aavegotchi’s eco-governance token, GHST, which will serve as the gas token for all transactions. All Aavegotchi assets will continue to be minted on Polygon POS but can be bridged over to Gotchichain to be played in the new, gaming-friendly environment.

To incentivize and inspire new developers and game studios to build on Gotchichain, Aavegotchi is planning to fund a game developer’s program. The launch is expected to take place in early Q3 2023, making Aavegotchi one of the first gaming protocols to utilize Polygon’s Supernets.

“We believe that by utilizing Polygon’s Supernets technology, we can create a gaming blockchain that will revolutionize the blockchain gaming industry and provide the ultimate experience for players and developers worldwide,” said Jesse Johnson, COO of Pixelcraft Studios.

Aavegotchi has already reached new heights this year with major milestones such as the release of the Aavegotchi Forge and the closure of the GHST Bonding Curve. With the launch of Gotchichain, Aavegotchi is set to continue its upward trajectory in the NFT gaming world.

#Aavegotchi #Aave #Polygon #Gotchichain #azcoinnews

This article was republished from azcoinnews.com

1) Provide liquidity in DEXs and stake the LP tokens in Beefy finance. The safest way is to use big DEX as Uniswap for example and provide liquidity in stablecoins pair, like USDT/USDC, USDT/DAI and other. This will minimize a impermanent loss. In the same way, you can use ETH/WETH, ETH/stETH (staked ETH in Lido) and more. There is a current current incentive program by Lido in Beefy Finance for wsDOT/xcDOT on Moonbeam chain.

2) Lend money in lending protocol, for example in AAVE. This will gives you small passive return. There is a always protocol risk (hack, exploit or other), but #Aave is one of the first protocols and i think they are safe to use.

Links QuickSwap https://quickswap.exchange/

Uniswap https://app.uniswap.org/

Pancakeswap https://pancakeswap.finance/

Aave https://aave.com/ GMX https://gmx.io/

Curve https://curve.fi/#/ethereum/swap Lido https://lido.fi/

MakerDAO https://makerdao.com/en/

Convex Finance https://www.convexfinance.com/

DefiLlama https://defillama.com/

Beefy finance https://app.beefy.finance/

Tokenless protocol https://defillama.com/

airdrops Impermanent loss calculator https://coinstats.app/impermanent-loss-calculator/

#Binance #dyor