$AR Even when the price of stETH is falling, the total amount of AO cross-chain pledge exceeded 300 million US dollars on the 7th day, which shows that AO is attractive to external funds, especially large investors. At present, the daily net increase continues to be stable at around 10,000 stETH. Although $AR has experienced a certain degree of decline under the short-term impact of the AO economic model, I think this is only a short-term pain. Under the grand narrative of AO super-parallel computer/AR permanent storage, the market has responded.

Recently, many exchange AR holders generally ask me two questions, and I will reply to them in a concentrated manner:

1. Will the exchange issue AO? I actually don’t have a clear answer to this. From personal experience, large exchanges such as Binance will not embezzle users’ assets when they lose their credit, but users frequently change hands in the exchange. The exchange may need a set of strategies to count the user’s holdings in various time periods. This should require a lot of work, so there is no need to worry about it!

2. Regarding the instability of AR wallet: First of all, the AO ecosystem is indeed a new ecosystem. AR wallet is unstable when accessing the AO interface. This is essentially because the wallet manufacturer has not kept up, and it does not mean that it is a problem with the AO network. In fact, everyone can query data through blockchain browsers such as ao.link.

3. At present, whether the exchange AR is withdrawn to the wallet or left in the exchange depends on the individual. If you want to hold it for a long time, it is recommended to withdraw it to a private wallet for safety, and the AO reward can also be directly issued to the private wallet. If you want to trade in the exchange, there is actually no need to withdraw it to the wallet.

4. How to participate in stETH staking, please go directly to https://ao.arweave.dev/