Across The Cryptoverse #16 - Ape Into Arbitrum Review

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Written by

#Club1BCH

11 months ago

In community: Club1BCH(4ac4)

Topics: Life, Cooking, Across, Across Protocol, Food, ...

Across is the top choice for bridging crypto between Ethereum mainnet and layer-2s such as Polygon, Optimism and Arbitrum. The Across bridge is fast and financially efficient, offering the best fees, being secured by the UMA’s optimistic oracle.

Across Protocol was the first protocol to implement reward locking, incentivizing the ETH, USDC, DAI, WBTC and ACX pools. The Across reward locking programming multiplier starts at 1 on day zero and will grow linearly to a maximum of 3 when rewards are left unclaimed for 100 days.

The $ACX staking implemented accelerating distribution, a staking contract that tracks when an LP starts staking the tokens and when the LP will claims the rewards. The earning multiplier will increases as time passes, helping loyal holders to earn at higher rates then DeFi mercenaries. The wait was long but I finally reached the 3x multiplier!

The long wait has ended now,

100 days gone quick.. and WOW!

The multiplier was fresh and new,

Staking $ACX made it grew.

AcrossProtocol takes no rest,

With 3x boost I feel the best!

However, reaching the 3x multiplier wasn't the highlight of the month. The Ape Into Arbitrum Campaign delivered a deep dive into the chain, highlighting hidden gems and projects with great potential.

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. Players can earn $CARROT by optimizing their crop yield and upgrading their barn.
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. F
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.
Poison Finance is a synthetic assets protocol that 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.
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.
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.
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.
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 Beacon is a free-to-play fantasy action roguelite RPG, featuring dynamic dungeons, real-time combat, and a blend of single-player, co-op, and MMO-like social experiences. With each playthrough, players will encounter unique dungeons, battle monsters, and enhance their skills and fighting styles.
Rocket Monsters is an innovative Play and Own Web3 game, developed using the cutting-edge Unreal Engine 5. Set in a diverse universe filled with unique characters, weapons, and vehicles, all represented as playable NFTs, the game offers endless opportunities for player engagement. Players can participate in both PVP and PVE battles across numerous environments, immersing themselves in a rich and meaningful gameplay experience.
Decent is the premier all-in-one Web3 portal for creators and developers to build on mainnet and L2s. We have a multi-chain protocol, SDK, APIs, and beautifully simple no-code creation and management application complete with unique NFT contracts and mechanisms.
Granary Finance is a decentralized, user-centric liquidity market inspired by Aave, by founded by the Byte Masons, offering a straightforward and enjoyable way to engage in fully decentralized lending and borrowing. Prioritizing risk management and community focus, the platform returns most benefits and profits to users.
nftperp is a perpetual futures exchange for NFTs that tracks the floor prices of NFT collections. So for the first time ever degens, like yourself, can speculate and take long or short trades on these NFT collections.
JustBet, created by WINR Labs, is a decentralized casino offering a fast, tamper-proof gaming experience. It features a multi-asset pool enabling liquidity providers to earn yield from bets and platform fees, while players are incentivized through vWINR tokens that can be staked or vested for additional yield.
Y2K Finance offers structured products for exotic peg derivatives, enabling market participants to hedge or speculate on pegged assets deviating from their ‘fair implied market value.’ The suite includes Earthquake and Wildfire products, with high-quality vault strikes based on research and probability models.
Dolomite enhances DEX margin trading by supporting DeFi blue-chip assets against stablecoins or other blue chips. Its capital-efficient architecture enables users to earn interest through margin lending, liquidity pool fees, and yield farming simultaneously.
DopeX is a decentralized options protocol on Arbitrum (Ethereum L2) that aims to satisfy both option writers and options buyers. Through Single Staking Options Vaults (SSOV), option writers minimize losses while buyers access deep liquidity and fair prices.
Buffer Finance is a gamified options trading protocol that enables buying options directly from a liquidity pool. As a non-custodial on-chain solution, it operates like an Automated Market Maker, allowing creation and settlement of options without a counterparty, making options trading more accessible.
Contango is a decentralized expirables market that enables users to buy or sell assets at a set future price and date without order books or liquidity pools. The protocol borrows, swaps, and lends on fixed-rate and spot markets, offering minimal price impact for large trades.
Matcha is a crypto trading platform powered by 0x Labs. They are a DEX that also aggregates the best prices across a growing number of liquidity sources to maximize the value you receive on every trade.

I joined most of the twitter spaces and educated myself into Arbitrum. I enhanced my crypto knowledge, and I used that to win several prizes. The plethora of quizzes, crosswords, and games were inspired by the guests of the campaign. My biggest prize was $75 in $Magic, for completing the most difficult crossword ever!

Do you know that Across always goes above and beyond when it comes to reward the community? Those that joined the Ape Into Arbitrum Campaign were able to complete the Galxe Quest to claim NFTs and ROSS, one of the characters from the Across Universe.

Each mini-campaign had five tasks, that had to be completed to earn the badge. Across folks could complete one, more or all the mini campaigns, and at least one was needed to claim Ross. Completed all and multiplied my Galxe collection 3x!

Now Ross can spend some quality time with my UMAster NFT, while trying to impress the APWine Queen!