Over 90 Million DAI Deposited Into AO Blockchain Network

According to BlockBeats, on October 5, the scalable blockchain network AO, based on Arweave, announced that over 90 million DAI has been deposited into AO. Previously, BlockBeats reported that AO stated DAI and stETH can now be used for minting on AO, with official deposit channels open. Users can participate in AO's 100% fair launch by depositing through cross-chain methods. Additionally, 33% of AO tokens will be proportionally distributed to AR holders. As of September 11, AO revealed that over 1.8 million AO tokens have been minted. These AO tokens will become transferable starting February 2025.