Arbitrum is a layer-2 scaling solution for Ethereum that offers faster and cheaper transactions than the Ethereum mainnet. Developed by Offchain Labs, Arbitrum uses an optimistic rollup architecture to increase throughput and reduce gas fees, while maintaining Ethereum's security and decentralization.
This makes it an attractive solution for developers and users who are looking for a more efficient and cost-effective way to interact with decentralized applications (dApps) on the Ethereum blockchain. Arbitrum has gained popularity in the DeFi space, where high transaction fees have become a significant barrier to entry for many users.
How Arbitrum connects to Guild 🔵 🏰
- Token as requirement
- any ERC-20 on Arbitrum or Arbitrum Nova
- min/max amount
- tokens can be purchased on Guild through DEXs
- NFT as requirement
- any ERC-721 or 1155 on Arbitrum or Arbitrum Nova
- min/max amount
- metadata, attributes
- custom ID
- Contract state as requirement
- freely defined interactions with any contract on Arbitrum or Arbitrum Nova
- e.g. staking, providing liquidity, trading a certain volume etc.