According to Odaily, Arweave AO announced on platform X that more than $500 million worth of stETH has been deposited into AO. AO is a new protocol built on Arweave's permanent data storage layer, enabling parallel application execution through a decentralized computing model. Additionally, it allows artificial intelligence applications to operate on-chain, facilitating the execution of large language models within smart contracts.
Arweave AO Receives Over $500 Million in stETH Deposits
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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