The UNIDX token is finally bridgable to Arbitrum through our friends at SynapseProtocol.
11 Feb 2023, 00:54
The UNIDX token is finally bridgable to Arbitrum through our friends at SynapseProtocol!
Currently, holders can bridge between ETH <-> ARBI with much lower bridge fees compared to multichains fee system & more networks to follow soon. We plan to phase our the multichain token deployment overtime to keep things synapse xAsset only.
Liquidity has been seeded on uniswapV3 in a decently sized ranged from the current univ3 mainnet price -> +25%, +50%, and +100%
We'll also be deploying a automated liquidity management vault through arrakis so people can utilize uniV3 to its best potential. On Optimism, some users have got around 60% apr through these vaults but Arbitrum is a cheaper in gas so we can rebalance more frequently.
Theres a few other things we're doing with the token on arbitrum but thats all we're sharing for now!