Across: Ape Into Arbitrum Campaign Recap Part One
Across is a cross-chain bridge that connects different blockchains to enable seamless and fast transfers of assets. This month we have “Aped-In” to the Arbitrum ecosystem and have compiled a recap of some of the incredible opportunities we have found along the way. Unlike other bridges that may take up to 7 days to complete transactions, Across gets you to L2 opportunities with transfers completing in just 1–2 minutes.
Overall, Across is building the bridge that Ethereum deserves — one that is fast, affordable, and secure.
Ape Into Arbitrum Campaign Introduction
The Ape Into Arbitrum campaign is meant to provide a deep dive into Arbitrum’s hidden gems and heavy hitters, so you don’t have to! We know that it’s tough, if not impossible, to keep up with all of the moving pieces in Web3, so to help our Across users not miss out on the incredible L2 opportunities out there, this campaign was born!
Overall, the Ape Into Arbitrum campaign is a testament to Across’ dedication to building the best cross-chain bridge for Ethereum and providing users with unbeatable security, speeds and prices. Here is a recap of the projects we’ve met with during the first half of our campaign.
The Lost Donkeys
The Lost Donkeys is an exciting PFP and GameFi project that features multiplayer and community decision-making elements. In the game, called ‘The Lost Land,’ players must harvest resources to grow carrots and craft customizable features for their barns. Donkeys are the farmers of the Lost Land, and they have unique stats that affect their performance on quests.
Players can earn $CARROT by optimizing their crop yield and upgrading their barn. To start playing, users need to hold a Lost Donkey NFT, which is sold in $MAGIC on Arbitrum. Transfer your assets to Arbitrum using Across and get your donkey by swapping for $MAGIC using your favorite Arb-based AMM. Then, you’re all set to join the exciting world of The Lost Land and help the donkeys rebuild their paradise! Heeeehhaawww!!!
Listen to the interview here.
City Clash
City Clash is a unique NFT win-to-earn game that features a collection of 3,000 NFTs that represent real-world cities. In the game, players contribute to their faction by holding City Clash NFTs and competing to capture countries and earn rewards. Factions communicate in private Discord channels and have the freedom to self-govern, and the entire game mechanics are on the blockchain, so the game will run in perpetuity. To play City Clash, users need to join a faction and mint a city on the platform. To load your wallet with the necessary assets for minting, you can visit Across.to, transfer your assets to Arbitrum, then join the City Clash community and compete for rewards while representing your favorite city!
Listen to the interview below:
Sentiment Finance
Sentiment Finance provides a primitive-based solution to enable permissionless undercollateralized on-chain credit. The protocol offers capital efficiency for borrowers and creates unique ways for other DeFi products to access leverage by integrating with Sentiment. Lenders supply liquidity to the protocol which is then lent out to borrowers as undercollaterised debt. The borrowers can create leveraged debt positions against their assets that can be used to interact with other applications across the ecosystem. Sentiment helps to solve the capital inefficiencies in DeFi.
Listen to the interview here.
Poison Finance
Poison Finance is a synthetic assets protocol. These synthetic assets are represented as “potions” on their platform. Poison Finance allows you to trade stocks, commodities, and more from the comfort of your crypto wallet. Users are able to stake the Poison Finance governance token, $POI$ON, for even more rewards and a say in the project’s future. This is particularly of interest to token holders as Poison’s token distribution is 100% community owned. With no team and no team token allocation, this makes Poison a true pioneer of decentralization.
Use Across to transfer assets to the Arbitrum network and start investing in traditional financial products with Poison.
Listen to the first ever AMA with Poison Finance Developer, Patrick Baitman here:
Vertex Protocol
Vertex is an Arbitrum-based DEX that combines the orderbook model of CEXes with the “lazy capital” model of DEXs. This unique, hybrid AMM-orderbook design offers traders faster order execution, deep liquidity, tighter spreads, lower slippage, and a broad set of token pairs. Users interact with the protocol on-chain and can access the off-chain sequencer for trades. Vertex’s risk engine is fully contained on-chain, and settlement execution is executed on-chain. The protocol offers performance and features of CEXes while preserving the on-chain advantages of DeFi.
Listen to the interview in the Twitter Spaces link below:
GammaSwap
GammaSwap is a DEX that allows users to short liquidity inside any AMM and any LP pool, enabling the trading of volatility through perpetual derivative instruments. These derivatives resemble straddles, calls, and puts in traditional finance and are netted through a floating swap rate determined by market forces. The project aims to correct mispricings in decentralized volatility markets to support the growth of liquidity in decentralized finance.
Listen to the interview with Devin from GammaSwap below:
FactorDAO
Institutional grade, scalable asset management on Arbitrum.
Factor provides on-chain asset management by aggregating core DeFi products and liquidity. Factor’s no-code platform allows asset managers to create innovative products, strategies and vaults, acquire TVL, and earn fees. It enables investors or “Factorians” to take advantage of the best DeFi has to offer in one place, instead of searching for them individually.
Listen to the interview with the Leader of the Factorians himself, here.
Vesta Finance
Vesta is a “Layer 2-FIRST” stablecoin protocol allowing maximum liquidity against collateral. Users lock up collateral and issue VST stablecoins. The individual collateralized debt positions are called vaults. The stablecoin tokens are economically geared towards maintaining value of 1 VST = $1 USD, due to the following properties:
- The system is designed to always be over-collateralized — the dollar value of the locked Ether exceeds the dollar value of the issued stablecoins.
- The system algorithmically controls the generation of VST through a variable interest fee dictated by the token’s peg.
Users can borrow tokens while keeping their collateralization ratio above 110%. VST tokens are exchangeable and burned upon vault debt repayment. A decentralized data feed updates the collateral value against USD. Vaults under 110% collateralization ratio are considered over-collateralized and vulnerable to liquidation.
If you haven’t yet, be sure to listen back to our AMA with the Vesta team:
Get There In 4 Steps With Across
Using the Across bridge to Ape Into Arbitrum is easy and straightforward! To get started, please click here and follow these steps:
Step 1: Select the source chain where your assets are currently located and the destination chain where you want to transfer them to. Then, choose the asset and the amount you want to transfer.
Step 2: Approve the contract if you’re transferring a token for the first time. Click the “Approve” button and confirm the transaction in your wallet.
Step 3: Once you’ve approved the token, you can send the asset across the bridge. Make sure you’ve selected the correct source and destination chains and the right amount of asset you want to transfer. Then, click the “Send” button and confirm the transaction in your wallet.
Step 4: After the transaction has been confirmed in your wallet, you can review the details on the confirmation page and monitor its progress on the transaction page. That’s it — your assets will be transferred to the destination chain in just a few minutes!
Stay Tuned
We want to thank all of the participating audience, protocols and Across users for joining the first half of our Ape Into Arbitrum campaign, making it such a huge success. Over the next two weeks, look out for even more hidden gems and protocol deep dives to keep you ahead of the curve and in-the-know for all things Arbitrum, only with Across.
Across is a cross-chain bridge for L2s and mainnet Ethereum. It is secured by UMA’s optimistic oracle. Across optimizes for capital efficiency by running a competitive relayer landscape, concentrating liquidity, and by offering a no-slippage fee model.
