# Offchain Labs Releases Arbitrum Stylus

By [ETH Daily](https://paragraph.com/@eth-daily) · 2023-09-01

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Quick Take
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*   Offchain Labs releases Arbitrum Stylus.
    
*   Prisma Finance goes live on Ethereum mainnet.
    
*   Gitcoin Passport introduces onchain stamps.
    
*   PoolTogether V5 is now live in private beta.
    

* * *

[

Gitcoin Passport Onchain Stamps On OP Mainnet
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Offchain Labs releases Arbitrum Stylus. Prisma Finance goes live on Ethereum mainnet. Gitcoin Passport introduces onchain stamps. And PoolTogether V5...

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* * *

**Offchain Labs Releases Stylus**
---------------------------------

Offchain Labs [released](https://medium.com/offchainlabs/stylus-now-live-one-chain-many-languages-eee56ad7266d) Stylus, a general-purpose programming environment that supports WASM smart contracts. Developers can now build applications on Arbitrum Nitro chains using WASM-compatible languages, including Rust, C, and C++. The launch includes the release of the code, a public testnet, and an SDK. According to the project, Stylus significantly lowers gas costs. Developers can build resource-intensive blockchain use cases, including alternative signature schemes, larger generative art libraries, and C++-based gaming. Offchain Labs will host a Stylus Hackathon at ETHGlobal in NY on September 22nd and will offer $20,000 in bounties.

**Prisma Finance Goes Live**
----------------------------

Prisma Finance, an LST-backed stablecoin protocol, is now [deployed](https://mirror.xyz/prismafinance.eth/6UbQ6QAaodBuXvaFNrzGr1jPAzDR5fMLcJb6AxzB_Ac) on Ethereum Mainnet. Starting on September 1st at 9 am UTC, users will be able to mint the mkUSD stablecoin using wstETH, cbETH, rETH, or sfrxETH as collateral. Debt caps will also be enforced for each collateral during the initial launch. Prisma will also release its PRISMA token, which can be locked for vePRISMA, enabling governance voting power. LST issuers can channel incentives towards their own assets using vePRISMA. In a bid to bootstrap TVL, Prisma is introducing a 0% initial interest rate. Prisma is built on the codebase of Liquity Protocol.

**Optimism Highlights 🔴✨**
---------------------------

**Gitcoin Passport Introduces Onchain Stamps**  
Identity verification platform Gitcoin Passport [introduced](https://www.gitcoin.co/blog/gitcoin-passport-onchain-stamps) onchain stamps on OP Mainnet. An onchain stamp is a verifiable credential stored onchain. The solution uses  Ethereum Attestation Service (EAS) for its onchain data structure. EAS is an open-source tool for onchain and offchain attestations that is available for OP Stack chains. Credentials can be assigned by various identity providers. The system aggregates stamps and assigns weights based on their cost of forgery. Stamps were previously stored offchain and required developers to query the Gitcoin Passport API to read the Unique Humanity Scores. Users can now migrate their passport onchain to OP Mainnet by visiting passport.gitcoin.co.

**PoolTogether V5 Beta Release**  
Prize savings protocol PoolTogether [released](https://pooltogether.mirror.xyz/IeSRsl6cRCF64LqBruoHINJb1EipiBcRm-JU2U9-WuI) the fifth iteration of its protocol to private beta. The new iteration introduces immutability, permissionless vaults, and automatic yield-to-prize conversion. The private beta features boosted USDC and wETH vaults on OP Mainnet that generate a yield from Aave V3. Users with a pooly, pfer, GitPOAP, or PoolyCon POAP NFT can access the beta release. The V5 release is expected to launch for all users on October 2nd. PoolTogether also introduced Cabana.fi, a series of open-source and user-friendly interfaces for interacting with the new protocol.

**Other OP News**

*   [![User Avatar](https://storage.googleapis.com/papyrus_images/c5bbedc41a2372425a6c88ca97c84744756fe903979c18c6f10481df82f35775.jpg)](https://twitter.com/CurveFinance)
    
    [Curve Finance](https://twitter.com/CurveFinance)
    
    [@CurveFinance](https://twitter.com/CurveFinance)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/CurveFinance/status/1696988969647448170)
    
    We are on @BuildOnBase
    
    ![](https://storage.googleapis.com/papyrus_images/20a3e706d233e89997c496645563e96c1aba9f69cd2d65a5cc3b20507ef904f5.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 496](https://twitter.com/CurveFinance/status/1696988969647448170)[
    
    3:51 PM • Aug 30, 2023
    
    ](https://twitter.com/CurveFinance/status/1696988969647448170)
    
*   [Alchemy adds support for Base.](https://alchemy.com/blog/base-on-alchemy)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/f194426026b9f5208564dd915836063341797664398d97e8212fe5fa6d7cbf1c.jpg)](https://twitter.com/matchaxyz)
    
    [Matcha 🍵✨](https://twitter.com/matchaxyz)
    
    [@matchaxyz](https://twitter.com/matchaxyz)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/matchaxyz/status/1697301063156772971)
    
    Even more liquidity on Base now available on [matcha.xyz](https://t.co/hZioVuVKqo) ![🍵](https://abs-0.twimg.com/emoji/v2/72x72/1f375.png)![✨](https://abs-0.twimg.com/emoji/v2/72x72/2728.png)[
    
    ![](https://storage.googleapis.com/papyrus_images/89736a280443d7729eb36b40c6132e7948e614cba427e8ccf9e9414a90a58766.jpg)
    
    matcha.xyz
    
    Matcha | DEX aggregator by 0x | Search, trade, done.
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    Matcha DEX aggregator | Search and trade over +9 million tokens across +100 exchanges on 15 chains. Trade now.
    
    
    
    
    
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    [![User Avatar](https://storage.googleapis.com/papyrus_images/7b905b3744a2cff10cc7ee65623e50fca5ed29900df55753fa2a957a8e3f99d1.jpg)](https://twitter.com/AerodromeFi)
    
    [Aerodrome](https://twitter.com/AerodromeFi)
    
    [@AerodromeFi](https://twitter.com/AerodromeFi)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/AerodromeFi/status/1697227067484520775)
    
    ![✈️](https://abs-0.twimg.com/emoji/v2/72x72/2708.png)Launch Partner Alert  
      
    [@0xProject](https://twitter.com/0xProject) is live on @BuildOnBase and has officially integrated Aerodrome.  
      
    Bringing Base's largest liquidity source to its ecosystem of apps including [@matchaxyz](https://twitter.com/matchaxyz)'s aggregator.  
      
    Helping you route your way through [#OnChainSummer](https://twitter.com/hashtag/OnChainSummer).
    
    ![](https://storage.googleapis.com/papyrus_images/e95aac4620f9e7535ecf56cb1e8652f7387d9bcf59a579e9342b01482c2083f7.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 52](https://twitter.com/matchaxyz/status/1697301063156772971)[
    
    12:31 PM • Aug 31, 2023
    
    ](https://twitter.com/matchaxyz/status/1697301063156772971)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/93ff544d3c5189270dbc1e612a907423eaa168e0bc9d949ae3562afee9869651.jpg)](https://twitter.com/KAndrewHuang)
    
    [Andrew Huang ⚡️⛓️](https://twitter.com/KAndrewHuang)
    
    [@KAndrewHuang](https://twitter.com/KAndrewHuang)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/KAndrewHuang/status/1697258068382560565)
    
    We’ve added new apps, including [@opensea](https://twitter.com/opensea), [@DuneAnalytics](https://twitter.com/DuneAnalytics), and [@thirdweb](https://twitter.com/thirdweb) to Conduit Integrations  
      
    Read on for a highlight of each new partner and how they can be leveraged by rollups on [@conduitxyz](https://twitter.com/conduitxyz)
    
    [![User Avatar](https://storage.googleapis.com/papyrus_images/93ff544d3c5189270dbc1e612a907423eaa168e0bc9d949ae3562afee9869651.jpg)](https://twitter.com/KAndrewHuang)
    
    [Andrew Huang ⚡️⛓️](https://twitter.com/KAndrewHuang)
    
    [@KAndrewHuang](https://twitter.com/KAndrewHuang)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/KAndrewHuang/status/1692189573080826075)
    
    ![⚙️](https://abs-0.twimg.com/emoji/v2/72x72/2699.png) Today we’re launching Conduit Integrations  
      
    Rollups on Conduit, like @ourZora and [@pgn\_eth](https://twitter.com/pgn_eth), can extend their chains with all the apps and services their users need. From bridging to account abstraction – we connect our customers with the right people
    
    ![](https://storage.googleapis.com/papyrus_images/d1780d6936c0ebf89f294d6e9adc4e07edc7eb38f0d24ff6093aac1e173df59e.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 55](https://twitter.com/KAndrewHuang/status/1697258068382560565)[
    
    9:40 AM • Aug 31, 2023
    
    ](https://twitter.com/KAndrewHuang/status/1697258068382560565)
    
*   [![User Avatar](https://storage.googleapis.com/papyrus_images/154491e3065d2d3763a0c94fc4b4d04362c9004064ee5d831d8a0092188870d3.jpg)](https://twitter.com/SOCKETProtocol)
    
    [SOCKET (mainnet arc)](https://twitter.com/SOCKETProtocol)
    
    [@SOCKETProtocol](https://twitter.com/SOCKETProtocol)
    
    [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/SOCKETProtocol/status/1697296371328627133)
    
    An epic first month of Socket Incentive Rush ![🔴](https://abs-0.twimg.com/emoji/v2/72x72/1f534.png)  
      
    In just 4 weeks, we have onboarded $150M liquidity into @optimismFND.  
      
    If you bridged through any Socket ecosystem app, check & claim your rewards here: [socketscan.io/rewards](https://t.co/ACoYmarXqp)
    
    ![](https://storage.googleapis.com/papyrus_images/c5bee052d7b9d075978bbc046b1e0722dc20da1d1c2b3a3ce843d00228d2559b.jpg)
    
     [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 252](https://twitter.com/SOCKETProtocol/status/1697296371328627133)[
    
    12:12 PM • Aug 31, 2023
    
    ](https://twitter.com/SOCKETProtocol/status/1697296371328627133)
    

**Ether.Fan NFT Auction Goes Live**
-----------------------------------

The ether.fan staked-ETH-backed NFT collection from ether.fi introduced NFT auctions. The auctions enable users of ether.fan to participate in bidding for rewards utilizing their accumulated loyalty points. The rewards include a Dappnode staking device and a range of USDC prizes. Ether staked via the ether.fan platform is directed towards the Operation Solo Staker (OSS) initiative, which furnishes hardware to solo stakers in various global locations. The program is not available to residents of the United States. Disclosure: This news tip was provided to us.

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*Originally published on [ETH Daily](https://paragraph.com/@eth-daily/offchain-labs-releases-arbitrum-stylus)*
