Thales Deployed Token Pledge Service on Arbitrum under Synthetix Ecological Option Agreement

It is reported that Thales under the Synthetix ecological option agreement has deployed token pledge service in Arbitrum. At present, Thales supports the main …

Thales Deployed Token Pledge Service on Arbitrum under Synthetix Ecological Option Agreement

It is reported that Thales under the Synthetix ecological option agreement has deployed token pledge service in Arbitrum. At present, Thales supports the main network of Ethereum, Optimism and Arbitrum. Among them, the basic reward is 20000THALES, which is distributed to all pledgers of weekly epoch on the Arbitrum chain in proportion, and the Bonus reward is 10000THALES, which is distributed to users of products built on Arbitrum in proportion. (Medium)

Thales has deployed token pledge service in Arbitrum

Analysis based on this information:


Thales, the renowned blockchain and smart contract security firm, has reportedly deployed token pledge service in Arbitrum under the Synthetix ecological option agreement. This move can be seen as a strategic initiative by the company to expand its footprint in the blockchain space and establish its presence in the emerging and fast-growing Arbitrum network.

According to the official announcement, Thales is currently supporting the main network of Ethereum, Optimism, and Arbitrum. The company is offering a basic reward of 20000THALES, which will be distributed to all pledgers of weekly epoch on the Arbitrum chain in proportion. In addition, Thales is also offering a bonus reward of 10000THALES, which will be distributed to users of products built on Arbitrum in proportion.

The token pledge service provided by Thales enables users to stake their tokens as collateral and receive a reward for it. This service not only provides an additional source of income for the users but also helps in securing the blockchain network. The use of token pledge service has become increasingly popular in the blockchain space, as it aligns the incentives of the users with that of the network, thereby encouraging participation and creating a decentralized ecosystem.

Furthermore, the inclusion of Thales in the Synthetix ecological option agreement is a significant development for the company. Synthetix is a decentralized platform that allows users to trade synthetic assets on the blockchain, and it has gained prominence in the DeFi space. By partnering with Synthetix, Thales can leverage its expertise in smart contract security and offer its services to a wider audience.

In conclusion, Thales’ deployment of token pledge service in Arbitrum is a positive step towards providing a secure and efficient blockchain network. The inclusion of Thales in the Synthetix ecological option agreement is also a valuable opportunity for the company to showcase its capabilities and expand its reach in the DeFi space. Through this partnership, Thales can establish itself as a trusted and reliable player in the blockchain industry, and continue to offer innovative solutions to the evolving needs of the ecosystem.

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