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MakerDAO Launches Official DAI Token Bridge At Arbitrum One
Summary: According to the MakerDAO forum announcement, following the launch of the Arbitrum optimistic rollup on the mainnet earlier this month, its official DAI token bridge is now available on Arbitrum One. Users can now use DAI on Arbitrum One to trade, borrow, provide liquidity, and conduct yield farming. The Arbitrum DAI Bridge is an upgradeable ...
According to the MakerDAO forum announcement, following the launch of the Arbitrum optimistic rollup on the mainnet earlier this month, its official DAI token bridge is now available on Arbitrum One.
Users can now use DAI on Arbitrum One to trade, borrow, provide liquidity, and conduct yield farming. The Arbitrum DAI Bridge is an upgradeable token bridge and governance relay. In the next week, the deployer's address will be deleted, and governance will be the only institution that can upgrade the bridge. This allows the community to flexibly introduce future upgrades while preserving the security of the bridge.
By Mary Liu
Tags: Arbitrum,Arbitrum One,Dai,MakerDAO
Link: MakerDAO Launches Official DAI Token Bridge At Arbitrum One [Copy]
