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Nearly 4 AO platform pre-bridge $260 million stETH, TVL over $200 million
Arweave and AO founder Sam Williams said in a post on X yesterday that $260 million of stETH has been pre-bridged to Arweave-based AI application computing protocol AO, driving it to become the 28th largest DeFi protocol in the past four days. According to Williams, AO TVL is now on par with Cardano ($209.43 million), surpassing major blockchain projects such as zkSync, Fantom, Scroll, Algorand, Filecoin, and ICP. According to the introduction, AO is a permanent data platform built on Arweave.
2024-06-23 00:53:38
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