Pruitt
@0xPruitt
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Accelerating Arbitrum @EntropyAdvisors | Prev @404DAO
Joined July 2021
Shipping season for @EntropyAdvisors Two new dashboards just dropped on Dune, covering yield-bearing margin in perp trading ( @etherealdex) and the rapid growth of @USDai_Official/ sUSDai across DeFi.
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The market cap of sUSDai has surpassed $290M, with Arbitrum as the leading DeFi hub commanding 78% market share. sUSDai is a yield-bearing synthetic dollar that generates returns by backing loans collateralized by AI infrastructure assets, primarily GPUs. A ๐งตโ๏ธ
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The EnDAOment. The composition of Arbitrum DAO's treasury is slowly rebalancing to include more non-native assets like ETH, USDC/T, RWAs, etc. We expect the blue (ARB) to shrink over the medium term, but to reclaim its dominance in the longer term as non-native assets power
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Solana devs donโt need to abandon Rust to access Ethereum. Our StylusPort live demo shows how to migrate Solana programs to Arbitrum Stylus safely and efficiently. Watch here:
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Talking DRIP in half an hour. Tune in to hear from some of the best performing assets this season @USDai_Official @Theo_Network
๐จDRIP Incentive Program Recap with Pendle, USDai, and Theo Network. DRIP has been live on Arbitrum for 3 months. Top assets like @USDai_Official and @Theo_Network have grown drastically with the help of DRIP and @pendle_fi. Tune in tomorrow for DRIP & Protocol Alpha.
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๐จ Our @pendle_fi dashboard is live! ๐จ With its novel yield-trading primitives, Pendle has become an integral part of DeFi today: - Nearly $4B TVL - Generated $56M+ in fees - $85M+ in swap volume - Trades at ~5x Price to Fees Ratio The numbers speak for themselves ๐ (๐/X)
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Want to deploy Solana projects on @arbitrum with blazing speed? Join our StylusPort Workshop tomorrow (December 17) at 4 PM UTC! Learn to migrate with our handbook + MCP server and unlock high-performance DeFi & ZK use cases. Sign up now:
docs.google.com
Weโre hosting three developer workshops and office hours for anyone curious about StylusPort, including a live demo of the tool, migration best practices, and insights on Stylus security. Sign up...
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OKU DOESN'T SUCK (ANYMORE) Swap & Bridge across 35+ chains with support for 15 routers and 14 bridges to guarantee you the best route, every time. All in one place.
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We just shipped a new feature on the Arbitrum Portal - Live Incentives Find all active incentives across the ecosystem including DRIP by @EntropyAdvisors and opportunities from @aave, @Dolomite_io, @eulerfinance, @0xfluid, @Morpho, @SiloFinance DRIP today ๐
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Stylus is opening the door for real cryptography on @arbitrum. ๐ During the Arbitrum Awakening Stylus builders gathering at Devconnect week, @Pememoni from @0xfairblock showed how confidential stablecoins and sealed-bid lending auctions can run natively onchain, no opaque
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Arbitrum Everywhere
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You know TypeScript and not sure if you can build on Arbitrum? @wakeuplabs is already showing how TS devs can ship smart contracts using Stylus. A must-watch for any TS dev ready to build on @arbitrum. Arbitrum Everywhere Watch the full session here๐๐ป https://t.co/V0BHXWxeTR
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Recent market downturns arguably demonstrated @arbitrumโs DRiP boost effectiveness & the ecosystemโs surprising retentivity. The success is of course, only possible with complementary DeFi forces. Despite sharp volatility & lacklustre crypto prices, eligible USD assets grew
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DRIP Week 13 Highlights! As we kick off Epoch 7, despite market volatility, momentum for lending markets on @arbitrum is back! Read on to unpack the effects of DRIP this week (๐/3)
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Huge thanks to everyone who joined us today at Arbitrum Stylus Awakening ๐ฆ๐ท Incredible energy in the room with @srinjoycal from @Offchain Labs, @baygeeth from @Superpositionso,@0xMilton from @WakeUpLabs, @Pememoni from @0xFairblock, @SDLerner from @FairGateLabs, and so many more
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Put your ETH to work on Arbitrum with ~2M ARB rewards in Epoch 7 of DRIP! ETH caps have recently been increased on Aave along with new opportunities across Arbitrum's top lending markets. Join the DeFi Renaissance at https://t.co/5rQBkS52kw๐ง
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rsETH on @aave v3 @arbitrum market just surpassed $183.9M TVL and maxed out the 60k ETH supply cap ๐ป Keep stacking: โฆ 2x Kernel Points โฆ 1x Programmatic EIGEN rewards Fresh supply caps are on the horizon! Stay tuned ๐ฑ โ https://t.co/ZmDm8eE4vr
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