We are thrilled to announce that the innovative insurance protocol, Degis, will make its entry into the Ethereum ecosystem through deployment to Arbitrum One, an L2 scaling solution in just one month's time. The release of the Options Market is still to be decided. Launching on Arbitrum One allows us to showcase the product's capabilities while ensuring the same fast transaction speeds and low fees that our users expect.
To facilitate going multichain, we have partnered with LayerZero to turn $DEG into a bridgeable asset. This will ensure our users are able to utilize $DEG to govern, yield and trade on Arbitrum One.
To engage with our users, we'll be launching a testnet campaign that rewards them with 30k DEG. Once we go live on Arbitrum One, there will be a galxe campaign offering an additional 20k DEG to users who help us bootstrap our protocol on Arbitrum! The details will be announced soon so keep a close eye!
At Degis, we're committed to expanding our footprint by deploying in isolation to different ecosystems, including native solutions. Our approach allows us to offer our users a more comprehensive and robust experience while ensuring seamless integration with the ecosystem.
We're also excited to share that we'll be partnering with several other protocols soon, which will broaden the capabilities and use cases of our insurance protocol. Stay tuned for more updates on these exciting partnerships in the coming weeks.
About The Arbitrum Foundation
The Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and its community with secure scaling solutions for Ethereum. The Foundation oversees the $ARB token and governance structure as well as the Arbitrum Security Council, a 12-member multisig of well regarded community members designed to ensure the security of the chains.
Learn more about Arbitrum: https://arbitrum.io/
About Degis
Degis is the next-generation all-in-one protection protocol, the first on Avalanche. We offer extensive protection to users and traders, offer a decentralized protection market and will ultimately bring scalable risk management to the crypto world. We’re currently protecting token prices and protocols now, and more amazing features and functions will be developed in the future.
Learn more about Degis: https://degis.io
Degis Official Links
Twitter: https://twitter.com/ProjectDegis
Instagram: https://instagram.com/project_degis?igshid=YmMyMTA2M2Y=
Telegram Announcements Channel: https://t.me/ProjectDegisAnnouncements
Telegram Chat Group: https://t.me/ProjectDegis
Discord: https://discord.gg/zGP5aWHYFZ
Built for De-Fi Protection🛡️//Follow our updates: http://linktr.ee/ProjectDegis//
We are thrilled to announce that the innovative insurance protocol, Degis, will make its entry into the Ethereum ecosystem through deployment to Arbitrum One, an L2 scaling solution in just one month's time. The release of the Options Market is still to be decided. Launching on Arbitrum One allows us to showcase the product's capabilities while ensuring the same fast transaction speeds and low fees that our users expect.
To facilitate going multichain, we have partnered with LayerZero to turn $DEG into a bridgeable asset. This will ensure our users are able to utilize $DEG to govern, yield and trade on Arbitrum One.
To engage with our users, we'll be launching a testnet campaign that rewards them with 30k DEG. Once we go live on Arbitrum One, there will be a galxe campaign offering an additional 20k DEG to users who help us bootstrap our protocol on Arbitrum! The details will be announced soon so keep a close eye!
At Degis, we're committed to expanding our footprint by deploying in isolation to different ecosystems, including native solutions. Our approach allows us to offer our users a more comprehensive and robust experience while ensuring seamless integration with the ecosystem.
We're also excited to share that we'll be partnering with several other protocols soon, which will broaden the capabilities and use cases of our insurance protocol. Stay tuned for more updates on these exciting partnerships in the coming weeks.
About The Arbitrum Foundation
The Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and its community with secure scaling solutions for Ethereum. The Foundation oversees the $ARB token and governance structure as well as the Arbitrum Security Council, a 12-member multisig of well regarded community members designed to ensure the security of the chains.
Learn more about Arbitrum: https://arbitrum.io/
About Degis
Degis is the next-generation all-in-one protection protocol, the first on Avalanche. We offer extensive protection to users and traders, offer a decentralized protection market and will ultimately bring scalable risk management to the crypto world. We’re currently protecting token prices and protocols now, and more amazing features and functions will be developed in the future.
Learn more about Degis: https://degis.io
Degis Official Links
Twitter: https://twitter.com/ProjectDegis
Instagram: https://instagram.com/project_degis?igshid=YmMyMTA2M2Y=
Telegram Announcements Channel: https://t.me/ProjectDegisAnnouncements
Telegram Chat Group: https://t.me/ProjectDegis
Discord: https://discord.gg/zGP5aWHYFZ
Built for De-Fi Protection🛡️//Follow our updates: http://linktr.ee/ProjectDegis//
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