Aevo Zero-Fee Bridging From Optimism

Users can now bridge USDC into Aevo with zero bridging fees and zero slippage.

Aevo Zero-Fee Bridging From Optimism

Quick Take

  • Aevo integrates bridging for Optimism.
  • A judge dismisses a Uniswap class action lawsuit.
  • DeFragDAO releases ENS Shortcuts.
  • Argent releases mobile support for Starknet.

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Optimism Highlights 🔴✨

Aevo Zero-Fee Bridging From Optimism
Aevo, a derivatives-focused rollup, now supports USDC bridging from Arbitrum and OP Mainnet. Users can now bridge USDC from the L2 networks with zero bridging fees and zero slippage, according to the project. The bridging feature is powered by interoperability protocol Socket. Socket now allows appchain rollups to access L2 liquidity with a single connection. Aevo was built using Conduit, a rollup-as-a-service provider, and runs on a custom version of the OP Stack codebase. Aevo offers an options trading exchange that operates as an off-chain order book with on-chain settlements.

Other OP News:

  • Farcaster is now live on OP Mainnet.
  • Native USDC on OP Mainnet is coming next week.

Uniswap Class Action Lawsuit Dismissed

A U.S. District Court judge dismissed a class action lawsuit filed against Uniswap Labs, its CEO Hayden Adams, and its investors. The lawsuit was filed in April 2022, alleging that Uniswap was responsible for users losing money to scam tokens. It claimed Uniswap Labs had control over the liquidity pools with illegitimate tokens. The lawsuit also tacked on securities violations. The court dismissed the claims, stating that the decentralized nature of Uniswap prevented the defendants from being held responsible for third-party actions. The judge's ruling cited a prior class-action lawsuit filed against Coinbase in 2022, which was also dismissed.

DeFragDAO Releases ENS Shortcuts

DeFragDAO, a lending protocol native to Arbitrum, released ENS Shortcuts, a tool that uses ENS domains to automate onchain actions such as bridging and swapping. The release features six initial ENS Shortcuts, including LPing on Beefy Finance, swapping ETH to USDC, and bridging to Optimism, Base, Arbitrum, and Polygon. To execute an action, such as bridging to Base, users simply transfer ETH to the toBase.eth ENS address. The shortcut will then bridge the assets using Hop Protocol and will transfer them to the user’s L2 address. The shortcuts help reduce phishing attacks by allowing users to execute onchain tasks directly within their wallets.

Argent Releases Mobile Support For Starknet

Argent released early access support for Starknet on its mobile smart contract wallet. Users can now access the L2 network directly on their mobile device. The release includes a fiat-onramp via Ramp, bridging via Layerswap, and support for Starknet NFTs. Last month, Argent launched a Starknet NFT marketplace called Unframed.