Stakingbits

The Arbitrum team has decided to pause Arbitrum Odyssey until once Nitro is released due to heavy load being put on the chain causing higher than normal gas fees.

Like Ethereum, when traffic hits capacity the L2 gas price increases automatically until the traffic surge slows down. As a result of the frenzy during last week’s Arbitrum Odyssey Campaign, many users were priced out.

In case you missed it, Nitro is an upcoming upgrade to Arbitrum that is built on standard technologies like WASM and Geth, so it’s more EVM-compatible and possibly 20–50x faster than than the current version of Arbitrum.

Till then, continue using Arbitrum!

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DeFi Saver has launched on Arbitrum and Optimism, after more than three years, 100K user transactions and more than $6B in trade volume on the Ethereum mainnet.

The app currently supports Aave V3 on both L2 networks, integrating its new features like Portals, efficiency mode and isolation mode.

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