It’s Monday folks, which means that a new week of staking incentivization has begun. Starting today 700 ABR will be added to the staking pools daily, split across every available network. We invite you to join Allbridge staking to take part in the incentivization program.

Similar to last week, we converted bridge fees into ABR rewards and added them to the staking pools. We attached the buyback transaction below:

Transaction 1

If you are curious to know how much ABR was added from fees to each individual chain (in addition to the extra 700 ABR), here are the full details:

Total: 7,039.59 ABR

What is Celo?

Celo’s main unique selling point lies in making financial tools and global digital payments accessible to all using crypto. It focuses on making crypto mobile and usable taking a user-centric approach to platform design and innovation.

How is Celo different?

Mobile-first

Celo maps phone numbers to wallet addresses using a novel decentralized address-based identity layer…

We are entering into Week 3 of extra staking incentivization. Over the course of this week, 800 ABR will be split between all of the staking pools daily. Go to Allbridge Staking to benefit from extra rewards!

Buyback transactions

Last week’s bridge fees have been converted into rewards and added to the staking pools. This time the entire buyback was completed on Solana after calculating each network’s share of the fees. Here are the transaction details:

Incentivization to stakers

This is how much ABR from bridge fees was added to every individual staking pool (additionally to the 800 ABR of extra incentivization).

Total: 10,728.02 ABR

Allbridge is thrilled to announce multiple new bridges for SOL to Fantom in collaboration with Beethoven X — a decentralized investment platform built on Balancer V2. Beethoven X is the first official balancer-friendly fork, approved by a vote in the Balancer Community.

Besides being an undead composer of masterful symphonies…

Allbridge is excited to enable more bridging options between Binance Smart Chain and Solana. We are launching USDT, USDC, BTCB, and WETH transfers in collaboration with our partners at Saber — the leading cross-chain AMM for pegged assets on Solana.

We were very sorry to hear the recent announcement of…

Allbridge

Allbridge is a DAO-style multi-chain hub, connecting DeFi service providers from EVM and non-EVM networks alike.

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