ChainCatcher news, according to The Block, Gnosis Chain community members are reconsidering their choice of Gas token after MakerDAO rebranded to Sky and launched a new stablecoin, Sky Dollar (USDS). Gnosis operates a sidechain that currently uses a bridged version called xDAI to pay for Gas fees on the network.MakerDAO is the issuer of DAI, a stablecoin backed by collateralized crypto assets. The new USDS stablecoin may introduce more centralized features, including the ability to "freeze" wallet addresses and restrict access for users in the UK and the US. These changes have raised concerns among Gnosis Chain users about the reliability of USDS in covering transaction costs.Community members emphasized that the freezing feature of USDS contradicts Gnosis's principles of decentralization. Gnosis Chain members discussed exploring several alternative solutions, with proposed options including adopting decentralized stablecoins like RAI and LUSD or a basket of currencies. Additionally, members suggested that Gnosis Chain could use its native staking token Gnosis (GNO) as a Gas token, aligning with practices of other blockchain protocols. This discussion is still in the preliminary stages, and no formal proposals have been put forward yet.

According to ChainCatcher news, Compound has introduced USDC.e as a borrowable asset on Gnosis Chain, which is a new version of the USDC token aligned with Circle's official standards. To ensure that SparkLend users continue to access USDC liquidity, USDC.e has been integrated into SparkLend. The initial parameters include:Optimal utilization rate: 95%Supply cap: 10 million USDC.eBorrowing cap: 8 million USDC.e

ChainCatcher news, Gnosis Chain tweeted that the Dencun upgrade has been activated on its mainnet. The next step will be to activate the Dencun upgrade on the Ethereum mainnet.It is reported that Gnosis Chain, formerly known as xDai Chain, operates as a sidechain of Ethereum and is managed by GnosisDAO. Its total locked value exceeds $320 million, hosting dapps such as Balancer, Spark, Aave, and Aura.

ChainCatcher news, according to CoinDesk, the decentralized cross-chain trading platform Kinetix Network announced the completion of a multi-million dollar strategic financing round, led by Factor and Gnosis Chain.It is reported that Kinetix plans to launch its public testnet on Gnosis Chain early next year, with a duration of three months. The testing phase aims to identify bugs and improve user experience.

ChainCatcher news, according to official sources, Aave has announced that Aave V3 is now live on Gnosis Chain.It is reported that Aave V3 currently supports ten blockchain networks: Ethereum, Base, Arbitrum, Avalanche, Fantom, Harmony, Optimism, Polygon, Metic, and Gnosis.

ChainCatcher news, according to CoinDesk, the Web3 workspace and file management application Fileverse has completed a $1.5 million pre-seed funding round, led by Gnosis Chain and venture capital firm Factor. Cryptocurrency wallet provider Safe, social media privacy solution Mask Network, decentralized file storage Arweave Ecosystem and its ecosystem incubator Forward Research, Web3 credential network Galxe, former Coinbase Balaji Srinivasan, and other angel investors also participated in this round of investment.Fileverse provides decentralized file management and collaboration services, aiming to offer an alternative to centralized providers like Google or Notion by allowing users to have better control over their personal data.

ChainCatcher news, MakerDAO's lending protocol Spark Protocol has completed a community vote to expand to Gnosis Chain. GnosisDAO will initiate liquidity by replacing the D3M module on the mainnet with a temporary DAI deposit, allowing Spark Lend to add collateral and establish liquidity and liquidation infrastructure.

ChainCatcher news, the Aave community has voted to approve the temperature check proposal for deploying Aave V3 on Gnosis Chain. The proposal suggests deploying the Aave V3 pool on Gnosis Chain, with the assets considered including wETH, wstETH, GNO, USDX, wxDAI, and EURe.In addition, the Aave Chan Initiative will add wGHO and sDAI to the Gnosis Chain V3 pool in the medium term.

ChainCatcher message, Aave community member MarcZeller initiated a temperature check proposal for "Deploying Aave V3 to Gnosis Chain," considering the assets for this deployment to include wETH, wstETH, GNO, USDC, wxDAI, and EURe.

ChainCatcher message, the Ethereum sidechain Gnosis Chain tweeted that the Shapella upgrade has been successfully activated on Gnosis Chain.

ChainCatcher message, a payment solution connected to Gnosis Chain, will be launched in a week.Since its establishment in 2017, Gnosis has been making steady progress, transitioning to a DAO in 2020 and incubating Gnosis Safe and Gnosis Chain. Gnosis Safe became independent from GnosisDAO in 2022 and now holds over $39 billion in assets, collaborating with stablecoin issuer Monerium to provide on-chain and off-chain euro payment capabilities.Additionally, MakerDAO community member Karpatkey has proposed migrating Spark Lend to Gnosis Chain, and Gnosis has chosen Succinct Labs' Ethereum ZK Light Client to secure its mainnet omnibridge. (source link)

ChainCatcher message, the GnosisDAO community has initiated a new proposal to deposit 25 million xDAI on the Gnosis Chain into the DAI Savings Rate (DSR). Gnosis Chain users can mint GC sDAI using xDAI and accumulate DSR savings yields. Theoretically, the DSR yield on the Gnosis Chain is always higher than that on the Ethereum mainnet, as interest rate equilibrium can only be achieved when all xDAI is staked. (source link)

ChainCatcher news, the decentralized trading protocol Balancer has launched on the Ethereum sidechain Gnosis Chain. Balancer will provide liquidity incentives for four liquidity pools: DAI/USDC/USDT, WETH/WBTC/stablecoins, GNO/WETH, and GNO/stablecoins. (Source link)

ChainCatcher news, Gnosis Chain announced that after careful consideration and evaluation, it has decided to disable the native bridge between BNB Chain and Gnosis Chain, with specific considerations including low traffic and alternative bridge solutions.It is reported that as of March 27, 2023, the Gnosis team will disable cross-chain transfers from BNB Chain to Gnosis Chain, but users will still be able to transfer from Gnosis Chain to BNB Chain. As of June 5, 2023, the Gnosis team will disable bidirectional bridging. (Source link)

ChainCatcher news, the official announcement states that the Ethereum sidechain Gnosis Chain completed its merge on December 9 at 02:45:14.829, transitioning its consensus mechanism from Proof-of-Authority to Proof of Stake. (source link)

According to ChainCatcher news and the official announcement, the Ethereum sidechain Gnosis Chain is expected to merge at 2:47 AM Beijing time on December 9. After the merge, Gnosis Chain's consensus mechanism will transition from Proof-of-Authority to PoS. (source link)