1inch new proposal: It is recommended to exchange approximately 2.58 million ARB into USDC and bridge to the Ethereum main network
1inch has proposed to exchange all $ARB tokens on Arbitrum One for USDC, and then bridge these USDC funds to the 1inch DAO treasury on the Ethereum mainnet (the 1inch DAO treasury received an airdrop of 2,575,405 $ARB tokens in April 2023).The main purpose of this proposal is to maximize value and reduce volatility asset risks by exchanging $ARB tokens for USDC stablecoin pegged to the US dollar.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Important Space Preview] Fed buys BTC? RWA is subverting the global capital game
![[Important Space Preview] Fed buys BTC? RWA is subverting the global capital game](https://img.bgstatic.com/multiLang/image/social/07cc6fb90a7c4b821dea2c568e95086b1745409309711.jpg)
Pi Core Team Takes Bold Action to Support Pi Coin Stability
In Brief PCT's impressive purchases aim to stabilize Pi Coin's market value. Experts warn about the temporary nature of these interventions in the long run. Investors are advised to stay strategic amidst ongoing market fluctuations.
BTC falls below $93,000
Solana Foundation to Implement New Policies for Validators Joining and Exiting Delegation Program
Trending news
MoreCrypto prices
More
