Impossible Integrates Arbitrum — Building a Multi-Chain Ecosystem
Hey Impossible Community!
We are thrilled to announce our latest integration with Arbitrum!
Impossible’s vision has always been to make quality projects accessible to everyone. In order to achieve this, it is imperative that Impossible is not restricted to any ecosystem, but to continuously expand and grow.
By integrating with more chains, we are able to be more inclusive to native users of these communities. Furthermore, Impossible is constantly on the lookout for new projects to support, advise and introduce to our community. By expanding to Arbitrum, we widen our funnel and gain deeper access to those who are buidling, innovating and contributing in newer ecosystems.
Why Arbitrum?
Layer 2 chains have been all the rage in crypto (and rightfully so) as an alternative to Ethereum. With their promise of lower network congestion and gas fees, it is evident that Layer 2 chains like Arbitrum are here to stay.
But don’t just take our word for it, let’s look at the data.
According to DefiLlama, the total locked value (TVL) for Arbitrum is $1.86 billion ranking 4th in the entire DeFi ecosystem.
Beyond that, when the Impossible data team looked deeper into our very own users, we found that a large portion of user activity was happening on Arbitrum.
This integration will therefore allow users to benefit through a much smoother interaction with the Impossible launchpad. Not only will new projects on the Arbitrum ecosystem be able to launch via the Impossible launchpad, users will also be able to stake IDIA directly from Arbitrum to participate IDOs in the future!
If you’re new to Arbitrum, here are some useful threads found by our very own research team to help you cross the Arbitrum bridge:
IDIA is on Arbitrum
We are also pleased to announce that IDIA is now on Arbitrum! This means that IDIA can soon be traded on major Arbitrum DEXs, making our launchpad token more readily available to the wider Arbitrum ecosystem.
More exciting developments are in store, so be sure to keep your eyes peeled on our social channels.
About Impossible Finance
Impossible Finance is the go-to crypto investment platform that empowers you with high-quality, fair and accessible crypto opportunities. We simplify DeFi so you can enjoy fairer investing, cheaper trading and better yields through our accelerator, launchpad, and swap platform.
