According to ChainCatcher, AO stated on the social platform that stETH worth more than $100 million has been deposited in AO.

According to RootData, a Web3 asset data platform, ao is a scalable blockchain network built on the Arweave data storage platform, designed to provide an environment where any number of parallel processes can reside and be coordinated through an open messaging layer. Unlike existing decentralized computing systems, it is able to support computing operations without the need for protocols to enforce restrictions on size and form, while also maintaining the verifiability of the network itself (thus minimizing trust). In addition, the distributed and modular architecture allows existing smart contract platforms to easily "plug into" the network, acting as a single process that can send and receive messages from any other process.