We’re excited to announce the launch of Edgeless Network: the first protocol fee-free ecosystem built as an
@arbitrum
nitro chain with
@eigenlayer
’s DA solution,
@eigen_da
.
Announcing our partnership with
@SpaceIDProtocol
, a universal name service protocol &
@tomo_social
The partnership introduces .tomo domains, a Web3 name for Edgeless, powered by SPACE ID 3.0.
.tomo registration is now live! Grab your 1st one:
We’re excited to announce the launch of Edgeless Network: the first protocol fee-free ecosystem built as an
@arbitrum
nitro chain with
@eigenlayer
’s DA solution,
@eigen_da
.
We are pleased to announce that we have successfully completed a security audit with
@VeridiseInc
.
Veridise is the industry-leading security audit company specializing in formal methods.
Full audit report PDF below 🧵
We are excited to collaborate with
@hyperlane_xyz
, the first permissionless interoperability layer, to allow users to seamlessly bridge between ETH and USDLR.
Well thanks to our partnership
@WithStable
and our integration with
@RenzoProtocol
we are able to take the yield from stable coin deposits as well as ETH that is bridged and redistribute the yield and sequencer fees that the chain accrues back to the application developers.
Edgeless is thrilled to deliver a novel integration of Renzo’s ezETH, a fast-growing Liquid Restaking Token (LRT) that generates a boosted rewards rate compared to traditional Liquid Staking Tokens (LSTs).
Renzo’s ezETH offers exposure to ETH restaking rewards – and soon Actively Validated Service rewards tokens – all of which are automatically reflected in the price of ezETH. Additionally ezTH holders receive ezPoints and EigenLayer points.
We plan to announce several exciting partnerships in the coming days but we want to start off by highlighting our first marquee app:
@sweep_gg
, which will be going live very soon!
Sweep is a first of its kind predictions marketplace for live streamed games.
By using
@eigenlayer
@eigen_da
, being an
@arbitrum
nitro chain, and making a few other design tradeoffs, we are able to keep gas fees under $0.01 per transaction under normal circumstances.
Similar to what
@Robinhood
did to enable easier buying and selling of stocks by removing commissions, Edgeless is focused on creating an ecosystem where users can freely operate with little to no friction.
Edgeless Network is the first ever protocol fee-free ecosystem where users can freely use the chain without having to pay the hefty fees that applications on other chains charge.
By collaborating with Hyperlane, Edgeless gains access to Hyperlane’s permissionless interoperability and can connect to multiple chains and environments.
What does this mean for users? They can save a lot more money by using applications on the Edgeless Network.
The network has been completely bootstrapped with no outside investors and is built by and for the everyday degen.
Using proprietary computer vision models, Sweep is able to automatically create new markets for various games, including Chess and Free Fire to start, and will be expanding the number of games in the catalog shortly.
Veridise is a great security research team that actually cares about the entire protocol’s security lifecycle. Ben and Ian were great, and founds things multiple previous auditors missed!
@nickyBLUeyes
@eigenlayer
@eigen_da
@arbitrum
@sgoldfed
Both L2s and L3s, are permissionless -- this was changed via the expansion program back in January! We chose Arbitrum's stack because it gave us the freedom to launch and customize completely permissionless
This audit covered smart contract code used to bridge / stake into the Edgeless Network from Ethereum.
All of the issues uncovered have been acknowledged and fixed.
Full PDF report: