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Dinari dShares now Live on Ethereum Mainnet

Dinari dShares now Live on Ethereum Mainnet

We are pleased to announce all dShares are now on Ethereum Mainnet! This is a significant milestone for our users, and we couldn't have done it without the support of our partners, community members, and dev team.

As the original smart contract blockchain, Ethereum continues to prove it is home to the largest DeFi protocols (Uniswap and Aave), most innovative L2 ecosystem, and most liquidity. This launch opens up a whole new world of opportunities. We are excited to showcase Dinari’s seamless cross-chain/multi-chain interoperability, paving the way for more global liquidity to access RWAs.

Ethereum has the most users and the highest Total Value Locked (TVL), (*currently $56 billion according to DeFiLlama as of 12 March 2024) among all blockchains. Launching on Ethereum opens up 1:1 backed tokenized stocks to one of the largest pools of users, and the largest pool of funds on any smart contract blockchain.

With our current liquidity pools doing well on Arbitrum, we plan to roll out pools onto DeFi protocols on Ethereum Mainnet to enable access to more trading activity during off-market hours. This gives users the opportunity for better yield when holding tokenized assets above just dividends in TradFi. Not only does this provide yield, but facilitates a more liquid 24/7 hour market for Shares via our DEX’s and CEX’s partners.

Recently, gas fees have been quite high on the Ethereum network due to network congestion, price action, and high volume trading going on DEXs due to bull market. Due to this issue, we initially launched our ERC-20 tokens (dShares) on Arbitrum because of its vast ecosystem along with giving users access to cheaper transaction costs and faster transaction settlement.

However, Ethereum's EIP-4844 Dencun upgrade that launched today should dramatically reduce gas fees for users, making Ethereum Mainnet andEthereum Layer 2s more scalable and efficient. Our goal has always been to enable access to our assets for as many users as possible. Our recent partnership with Blast, enables us to launch dShares on Ethereum Mainnet launch successfully, executing on multiple chains and taking one more step towards fulfilling this goal.

Want to learn more, or have another chain you'd like us to launch on? Join our community and don't forget to follow us on our social media channels for the latest news and announcements.

• Website: https://www.dinari.com/
• Documentation: https://docs.dinari.com/
• Telegram: https://t.me/dinariglobal
• Discord: https://discord.gg/dinari
• Twitter: https://twitter.com/DinariGlobal
• LinkedIn: https://www.linkedin.com/company/dinari-global/
• Github: https://github.com/dinaricrypto

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