Project details
Token launch for a cross-chain lending & staking protocol on Aptos and Sui.
DETAILS
- Launch Details
- Token will launch on Liquidswap and AnimeSwap
- Token pair: ARC/APT
- Listing price: 0.1 APT
- IDO price: 0.05 APT – 0.1 APT (earlier buyers received a lower price than later buyers)
- IDO was held on their IDO platform, here
- Vesting: 100% at TGE
- Initial circulating market cap: unknown
- Initial liquidity: unknown
- Taxes: 0%
- The dApp is currently available on testnet
- Mainnet launch is scheduled for Nov. 3
- Features
- Lending and borrowing – lenders can lend many different types of assets to earn interest; interest comes from organic borrowers as well as leveraged yield farmers who borrow assets to increase their farming positions
- Leveraged mining – boost interest APY by increasing exposure through leverage. This is done by using your base assets as collateral to borrow more assets and using those assets to mine as well
- Open governance – participate in DAO governance initiatives
- Yield farming – stake LP tokens in farms to earn ARC rewards
- Algo-Stablecoin (USDO) – a scalable, yield-bearing stablecoin pegged to US Dollar and backed by the ARCO treasury. Users or borrowers will be able to mint $USDO on the ARCO protocol by depositing a collateral
- Partnered with Wormhole, HoustonSwap, Aptos Passposts, OT(1kx.exchange)
- Tokenomics
- Token symbol: $ARC
- Total supply: 100,000,000
- 10% — IDO
- 15% — Investors & advisors
- 45% — Loan mining
- 30% — Yield farming
- 5% — Operating funds
- 3% — Development
- 2% — Airdrop
No information available on the token vesting schedule, if any
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