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Regular DeFi UX vs Chain-Abstracted UX 26 clicks vs 6 clicks Here's the difference🧵 Goal: User wants to swap 10 USDT to WETH on Arbitrum, but only has 0.16 USDT on that chain. 🔹Regular DeFi UX: User has USDT split between Polygon and Optimism. User has to👇 1. Go...

13,329 Aufrufe • vor 1 Jahr •via X (Twitter)

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Profilbild von Routescan
Routescanvor 1 Jahr

Past vs future, face to face! DeFi will win (again and better)

Profilbild von Arcana Network
Arcana Networkvor 1 Jahr

the abstracted way or no way

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Introducing Arcana Wallet with Chain Abstraction!🌟 Beta is now live on Chrome Store! Get started👉 You can now unify your USDC, USDT, and ETH balances across Ethereum, Base, Polygon, Arbitrum, and Optimism— and spend it in one click, without bridging. 💡Beyond the core benefits of #ChainAbstraction like unified balances, auto-fund gas fees with stablecoins, and near-instant multi-chain transactions, $XAR Chain Abstraction Protocol does three things extremely well: 🔹EOA Wallet-Based Orchestration: Bring your existing wallet address without locking up funds or depositing into a new account—full self-custody of assets. 🔹Gas Efficiency: Upto 5X lower gas fees compared to smart contract-based chain abstraction 🔹Universal Addresses: Arcana does not create app-specific wallets that require users to deposit tokens. This means your assets remain in a single wallet, accessible across apps —even on apps that do not support chain abstraction. Try spending your unified balances on apps like Uniswap, Aave, Polymarket, Hyperliquid, and Jumper🌐 Arcana Wallet is deployed on the Chain Abstraction Testnet. The Testnet launch marks an important milestone in bringing a chainless experience to users across ecosystems, as we get closer to the launch of Mainnet✨ Arcana’s Chain Abstraction Protocol (powered by $XAR) is the cornerstone of Arcana Wallet's capabilities, driving a new era of multichain usability. Developers will soon be able to leverage our Chain Abstraction SDK, empowering them to build chainless user experiences.

Arcana Network

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Release Notes – July 10 2025 Today’s update delivers a series of enhancements focused on friction-free cross-chain activity and a smoother mobile experience to Closed Alpha Users. 1. Unified Bridging & Swapping (BRAP) Engine -Best-rate execution: BRAP concurrently scans multiple liquidity routes and automatically selects the most favorable path for simple A → B transfers. -Single-step workflow: Move assets such as USDC (AVAX lending position → USDT on Arbitrum) or DAI on Polygon → Solana-based memecoins without manual routing or multiple approvals. Please ensure you have enough gas to execute the txs you are bridging from. 2. Bonk Launchpad Integration Recent Launchpad graduates are now surfaced directly inside the Transaction Agent, enabling one-tap participation as soon as tokens go live. 3. Flexible Signature Management Choose the security model that fits your workflow: -Session Signatures: Approve a set of transactions for a defined period or transaction count with a single signature. -Per-Transaction Signatures: Require an individual confirmation for every transaction. Switch between the two modes at any time via Settings → Authorizations. 4. Multi-Network Gas Payments via BASE PROMPT Use a single BASE PROMPT balance to cover gas fees on Arbitrum, Polygon, Base, and BNB Smart Chain—no need to maintain separate native-token reserves. 5. Mobile UI Upgrade: Collapsible Sidebar A new sidebar improves navigation on smaller screens while maximizing workspace for the tasks that matter most. 6. Contract Agent Access All free users now have access to the contract agent at a low prompt limit to test out the agent, PRO plan will have a higher prompt limit 7. Perps Agent Access -Trade perpetual futures: trade perps of tokens available on Hyperliquid -Built in BRAP function: bridge and swap from any chain to Arbitrum, and directly into your Hyperliquid perps account -Access: All free users can access perps, spot, and swaps with a lower prompt limit, PRO plan will have a higher prompt limit We value your feedback—reach out anytime via Discord or drop us a DM.

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Arbitrum embraces ZK Succinct has signed exclusive partnership with Tandem (’ venture arm) to bring ZK proving to Arbitrum chains. Uma Roy: “Every rollup will become a ZK rollup. We gave OP Stack that option with OP Succinct; now Arbitrum’s massive ecosystem gets it too.” What changes for users - Finality: withdrawals and settlements go from 7 days to minutes. - Capital efficiency: funds are no longer locked during week-long challenge periods. - User experience: bridges become smoother, safer, and significantly faster. - Security: execution is enforced by ZK proofs at L1, reducing dependence on sequencer honesty. Steven Goldfeder: “Using ZK proofs brings the network closer to something like Stage 2 decentralization — security enforced at L1, not just by trusting the sequencer.” What changes for the ecosystem - Flexibility: more than 40 Arbitrum chains, including projects like Robinhood and Converge, will be able to choose ZK proving. - Modular design: Succinct provers integrate without requiring a rewrite of the stack. - Governance: Arbitrum One itself is DAO-governed and will not flip overnight, but the stack now supports ZK from the ground up. - Hybrid paths: optimistic and ZK approaches can coexist, giving teams cost and latency trade-offs. What it means for Succinct - SP1 zkVM is already used by 35+ projects including Across, Avail, Celestia, Mantle, Polygon. - Succinct Prover Network, secured and powered by the PROVE token, expands beyond OP Stack chains to cover Arbitrum. - The addressable market effectively doubles. Monetizing even a fraction of Arbitrum’s L2 value could mean hundreds of millions in revenue distributed to provers, stakers, and partners. The ZK era is upon us

jaehaerys 🪽

17,793 Aufrufe • vor 1 Jahr

📢 ITL VAULT LOAN PLANS AND ALL ASSOCIATED COSTS When using ITL as collateral to borrow USDT, users should clearly understand the loan term, applicable fees, and total repayment amount before confirming a loan. During the initial stage, ITL Vault is expected to offer three loan plans: 🔹 30-day plan: 1.5% fixed fee 🔹 60-day plan: 3% fixed fee 🔹 90-day plan: 4.5% fixed fee In addition to the fee for the selected loan term, users will also pay a 1% loan origination fee based on the amount of USDT borrowed. All other applicable fees will remain the same across the three plans. For example, if a user borrows 100 USDT with the 30-day plan: • Loan origination fee: 1 USDT • 30-day fixed fee: 1.5 USDT • Total loan cost: 2.5 USDT • Total repayment amount: 102.5 USDT If a user borrows 100 USDT with the 60-day plan: • Loan origination fee: 1 USDT • 60-day fixed fee: 3 USDT • Total loan cost: 4 USDT • Total repayment amount: 104 USDT If a user borrows 100 USDT with the 90-day plan: • Loan origination fee: 1 USDT • 90-day fixed fee: 4.5 USDT • Total loan cost: 5.5 USDT • Total repayment amount: 105.5 USDT All applicable fees will be clearly displayed before the user confirms the loan, allowing borrowers to understand the total cost and repayment obligation from the beginning. 🔹 CAN A LOAN BE REPAID EARLY? Users may repay their loans before the maturity date and receive their collateral back sooner. However, ITL Vault uses a fixed-fee structure for each loan plan. Therefore, the fee determined when the loan is approved will remain unchanged, even when the user repays early. For example, if a user selects the 30-day plan but repays the loan after 15 days, the fixed fee will still be 1.5%. 🔹 GRACE PERIOD After the maturity date, borrowers will have an additional 10-day grace period to complete repayment. The grace period is not a new loan term and does not mean that the loan is automatically extended. It is an additional period that allows users to settle their repayment obligations before the loan becomes eligible for liquidation. 🔹 LIQUIDATION FEE If a loan remains unpaid after the grace period and becomes eligible for liquidation, a 5% liquidation fee may be applied. This fee only applies when the collateral is actually liquidated. Users who repay their loans on time will not be charged this fee. Borrowers should therefore regularly monitor the maturity date, LTV ratio, and loan status so they can repay the loan or add more collateral when necessary. 🔹 TRANSPARENCY REGARDING FEES We will continue reviewing the full cost structure of all loan plans to ensure that the protocol can operate safely, efficiently, and sustainably. Should any additional type of fee become necessary in the future, we will provide a clear written announcement and display the fee transparently within the DApp so the community can review it before creating a loan. Of course, any future fee changes will not affect loans that have already been created. The terms and costs confirmed when a loan is approved will remain unchanged until that loan is fully completed. 💬 Which plan would best suit your needs: 30, 60, or 90 days? #ITLVault #InterLink #ITL #ITLG #DeFi #Web3

ITL Collateral Vault

13,451 Aufrufe • vor 2 Monaten

You have enough USDT in your Binance Web3 Wallet to complete a transfer. But you cannot send it because you have no TRX to cover the network fee. That is the problem Binance Wallet’s latest TRC-20 fee payment update addresses. Stablecoin fee payment is now LIVE for TRC-20 transfers inside Binance Wallet. When sending TRC-20 USDT, you can select USDT as your network fee payment currency instead of needing to hold additional TRX for gas. I just tried it, and here’s how to use it. 1. Open your Binance Web3 Wallet Access your Binance Wallet and select the wallet you want to send from. 2. Go to Assets Click on Assets to view your available tokens. 3. Select Send USDT Choose Send, then select your destination. You can send to a Binance account or an on-chain wallet address, depending on where you want the USDT to go. 4. Enter your transfer details Select USDT, enter the recipient’s address, input the amount you want to send, and click Continue. This is the normal transfer process. 5. Choose your Network Fee Payer This is where the new option comes in. On the confirmation screen, look for “Network Fee Paid By.” Click on it to view the available fee payment options. Choose USDT as your network fee payer, then click Confirm. Review the transaction details and complete the transfer. That’s it. The important part is that you have selected USDT to cover the network fee instead of needing to hold TRX separately for gas. The process is: Assets → Send USDT → Enter address and amount → Continue → Network Fee Paid By → USDT → Confirm Why does this matter? Because sending USDT on TRON should not require users to prepare a second token just to pay the network fee. For example, someone receiving a payment in TRC-20 USDT may already have enough USDT in their wallet to send funds to another person. Previously, if they had no TRX available for the network fee, they would need to obtain TRX before completing the transfer. Now, with USDT available as a fee payment option, that extra step can be avoided. The same applies to everyday fund transfers. Whether you are moving USDT between wallets, sending funds to another person, or making a transfer from your Binance Web3 Wallet, you can select USDT as the network fee payer when the option is available. No need to exchange, deposit, and manage an additional token before making the transfer. It is a small change to the interface, but it removes a practical friction point from the user experience. And this is where the collaboration between GasFree and Binance Wallet becomes interesting. By bringing a more convenient network fee payment experience into everyday TRC-20 transfers, the TRON ecosystem and Binance Wallet are making it easier for users to interact with the network. The goal is simple: Make stablecoin transfers easier to use, without requiring users to think about gas every time. If you regularly send TRC-20 USDT through Binance Wallet, this is worth trying. Open your wallet, follow the steps above, and check the Network Fee Paid By option before confirming your transfer. USDT for the transfer. USDT for the network fee. A simpler way to move stablecoins on TRON. Binance H.E. Justin Sun 👨‍🚀 🌞 #TRONEcoStar JUST DAO

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15,427 Aufrufe • vor 18 Tagen