ChainCatcher message, Gnosis Chain posted on platform X stating that third-party applications need to take action, as the xDAI bridging contract is undergoing a critical upgrade: on Ethereum, DAI will be replaced by USDS as the default accepted token, while xDAI will continue to be minted on Gnosis Chain.Third-party applications must complete integration with the new Bridge Router contract on Ethereum by June 8, 2025.

ChainCatcher news, according to The Block, Gnosis Chain community members are reconsidering their choice of Gas token after MakerDAO rebranded to Sky and launched a new stablecoin, Sky Dollar (USDS). Gnosis operates a sidechain that currently uses a bridged version called xDAI to pay for Gas fees on the network.MakerDAO is the issuer of DAI, a stablecoin backed by collateralized crypto assets. The new USDS stablecoin may introduce more centralized features, including the ability to "freeze" wallet addresses and restrict access for users in the UK and the US. These changes have raised concerns among Gnosis Chain users about the reliability of USDS in covering transaction costs.Community members emphasized that the freezing feature of USDS contradicts Gnosis's principles of decentralization. Gnosis Chain members discussed exploring several alternative solutions, with proposed options including adopting decentralized stablecoins like RAI and LUSD or a basket of currencies. Additionally, members suggested that Gnosis Chain could use its native staking token Gnosis (GNO) as a Gas token, aligning with practices of other blockchain protocols. This discussion is still in the preliminary stages, and no formal proposals have been put forward yet.

According to ChainCatcher news, Compound has introduced USDC.e as a borrowable asset on Gnosis Chain, which is a new version of the USDC token aligned with Circle's official standards. To ensure that SparkLend users continue to access USDC liquidity, USDC.e has been integrated into SparkLend. The initial parameters include:Optimal utilization rate: 95%Supply cap: 10 million USDC.eBorrowing cap: 8 million USDC.e

ChainCatcher news, Gnosis Chain tweeted that the Dencun upgrade has been activated on its mainnet. The next step will be to activate the Dencun upgrade on the Ethereum mainnet.It is reported that Gnosis Chain, formerly known as xDai Chain, operates as a sidechain of Ethereum and is managed by GnosisDAO. Its total locked value exceeds $320 million, hosting dapps such as Balancer, Spark, Aave, and Aura.

ChainCatcher news, Gnosis Chain announced that it will close the Validator Incentive Program (Gnosis VIP) in April 2024. The reasons for the closure include the inability of participating nodes to accurately locate, as well as high engineering costs and risks. After the activities of the Gnosis Builders team conclude, the planned funds will be returned to the Gnosis fund for future ecosystem enhancements. Before the closure, a reward claim page will be released for eligible validators to claim their rewards.

ChainCatcher message, the Chiado testnet of Gnosis Chain will undergo the Dencun hard fork on February 1, 2024, at 02:15:40 Beijing time, Slot: 8265728, Epoch: 516608.It is reported that this upgrade will implement multiple EIPs, the most important of which is enabling Blobs, providing a scalable and cheaper data layer for L2 chains. Validators need to prepare for the upgrade, including updating nodes and preparing an additional 35GB of storage space.

ChainCatcher message, GnosisDAO posted on social media that Gnosis Chain core developer Philippe Schommers has joined GnosisDAO as the Head of Infrastructure, while Galen has taken on the role of Head of Marketing. Philippe will continue to ensure the successful collaboration between Gnosis Chain and Ethereum.

ChainCatcher news, according to CoinDesk, the decentralized cross-chain trading platform Kinetix Network announced the completion of a multi-million dollar strategic financing round, led by Factor and Gnosis Chain.It is reported that Kinetix plans to launch its public testnet on Gnosis Chain early next year, with a duration of three months. The testing phase aims to identify bugs and improve user experience.

ChainCatcher message, published by Gnosis' smart wallet infrastructure Safe, states that users can now use their Google accounts to access the Gnosis Chain-based Safe{Wallet}, enabling self-custody without the need to enter a recovery phrase, and without paying any network or gas fees to create an account on the Gnosis Chain. Users can also enjoy 5 free transactions per hour on the Gnosis Chain.

ChainCatcher news, according to official sources, Aave has announced that Aave V3 is now live on Gnosis Chain.It is reported that Aave V3 currently supports ten blockchain networks: Ethereum, Base, Arbitrum, Avalanche, Fantom, Harmony, Optimism, Polygon, Metic, and Gnosis.

ChainCatcher message, according to the governance page, currently, the Aave community's proposal to "activate Aave V3 on Gnosis" has been executed on-chain.It is reported that this proposal is based on the recommendations of service providers ACI, Gauntlet, and Chaos Labs. The assets supported by the Aave V3 Gnosis pool include WETH, wstETH, GNO, USDC, wXDAI, EURe, and sDAI.

ChainCatcher news, according to The Block, influenced by MakerDAO's Spark Protocol expansion to Gnosis Chain, the Gnosis Chain TVL has doubled since the beginning of October, while the transaction volume and fees on the network have also significantly increased.It is reported that these funds are used to increase savings rates through MakerDAO's Spark lending protocol, which currently offers an interest rate of over 7%. By bridging to Gnosis Chain, an increasing number of users are converting their xDAI into Savings xDAI, thereby generating interest from all sDAI held by the mainnet bridge.

ChainCatcher news, according to CoinDesk, the Web3 workspace and file management application Fileverse has completed a $1.5 million pre-seed funding round, led by Gnosis Chain and venture capital firm Factor. Cryptocurrency wallet provider Safe, social media privacy solution Mask Network, decentralized file storage Arweave Ecosystem and its ecosystem incubator Forward Research, Web3 credential network Galxe, former Coinbase Balaji Srinivasan, and other angel investors also participated in this round of investment.Fileverse provides decentralized file management and collaboration services, aiming to offer an alternative to centralized providers like Google or Notion by allowing users to have better control over their personal data.

ChainCatcher news, MakerDAO's lending protocol Spark Protocol has completed a community vote to expand to Gnosis Chain. GnosisDAO will initiate liquidity by replacing the D3M module on the mainnet with a temporary DAI deposit, allowing Spark Lend to add collateral and establish liquidity and liquidation infrastructure.

ChainCatcher news, the Aave community has voted to approve the temperature check proposal for deploying Aave V3 on Gnosis Chain. The proposal suggests deploying the Aave V3 pool on Gnosis Chain, with the assets considered including wETH, wstETH, GNO, USDX, wxDAI, and EURe.In addition, the Aave Chan Initiative will add wGHO and sDAI to the Gnosis Chain V3 pool in the medium term.

ChainCatcher message, Aave community member MarcZeller initiated a temperature check proposal for "Deploying Aave V3 to Gnosis Chain," considering the assets for this deployment to include wETH, wstETH, GNO, USDC, wxDAI, and EURe.

ChainCatcher message, the Ethereum sidechain Gnosis Chain tweeted that the Shapella upgrade has been successfully activated on Gnosis Chain.

ChainCatcher message, Gnosis Chain officially announced that it will suspend OmniBridge and xDAI cross-chain functionality, and will resume operation after the Shapeella hard fork.