Have you ever had your brain scrambled trying to bridge to or juggle all those coins across different apps across different chains?
You're not alone, and @ArkenFinance understands that. They want to help by being the Abstraction Layer for DeFi Protocols & User Experience.
You're not alone, and @ArkenFinance understands that. They want to help by being the Abstraction Layer for DeFi Protocols & User Experience.
One of Arken's goals is to help abstract the complexity around unified liquidity and Defi protocols to help quicken software development, allowing developers an easier time to develop and create.
But how do they plan on helping users?
But how do they plan on helping users?
Arken provides a single user-friendly system that spans multiple chains, thousands of protocols, and millions of liquidity pools in order to make transitioning to Defi easier.
Imagine coming over from Tradfi for the first time and seeing all that crypto has to offer. You'd be overwhelmed.
So for Arken to simplify that transition down to where you don't have to be a Defi master? That's a huge undertaking.
So for Arken to simplify that transition down to where you don't have to be a Defi master? That's a huge undertaking.
@ArkenFinance got their start back in 2021. They quickly realized that what was needed, was a way to make everything simpler and easier to use.
Even now, 2 years on, things can still be hard to navigate for even seasoned vets.
Even now, 2 years on, things can still be hard to navigate for even seasoned vets.
So to combat that, they spent their time on the first application they built, Arken Trading Portal.
Arken Trading Portal incorporates thousands of protocols and millions of LPs and abstracts that user experience into a single trading UI that millions have already used.
Arken Trading Portal incorporates thousands of protocols and millions of LPs and abstracts that user experience into a single trading UI that millions have already used.
Here are some things that you as a Trader / User can do on their portal:
1. Can explore tokens on their market page and even find hidden gems using their filters.
2. Can price check via real-time trading view
3. Can even trade using stop-Limit orders and regular limit orders
1. Can explore tokens on their market page and even find hidden gems using their filters.
2. Can price check via real-time trading view
3. Can even trade using stop-Limit orders and regular limit orders
Are you a pairs trader looking to track the performance of one token against another? Then act on that performance without even leaving the app?
Arken does that:
Arken does that:
Arken, as most protocols do, are launching a token in $ARKEN.
$ARKEN is the utility and gov token for the Arken ecosystem. It is designed to be the backbone of the protocols.
Holders will be able to vote on protocol-related choices and enjoy real yield.
$ARKEN is the utility and gov token for the Arken ecosystem. It is designed to be the backbone of the protocols.
Holders will be able to vote on protocol-related choices and enjoy real yield.
Arken Options:
- When users stake ARKEN's token in the Liquidity Pool, they will get Arken Options which is an NFT that contains ARKEN tokens
- When $ARKEN price is above the target price of the Arken Option and has passed a maturity date then the holder can exchange the...
- When users stake ARKEN's token in the Liquidity Pool, they will get Arken Options which is an NFT that contains ARKEN tokens
- When $ARKEN price is above the target price of the Arken Option and has passed a maturity date then the holder can exchange the...
...Option for ARKEN tokens at a cheaper price.
- For LPs it will reduce IL when price increases because LPs can get more profit from Arken Options over buying and holding the token.
- For LPs it will reduce IL when price increases because LPs can get more profit from Arken Options over buying and holding the token.
Starting from April 6, 2023, 10 billion $ARKEN will be minted and the full distro of the token will be available after 6 years.
The complete allocation is shown below:
The complete allocation is shown below:
The Community portion is broken down like this:
Community Building 20%: vested over 4 years and will be used for marketing purposes
Airdrop 1%
Public Sale/Launchpad 5%: equally distributed to Impossible Finance Launch Pad and public sale on Arken Finance
Treasury 25.75%
Community Building 20%: vested over 4 years and will be used for marketing purposes
Airdrop 1%
Public Sale/Launchpad 5%: equally distributed to Impossible Finance Launch Pad and public sale on Arken Finance
Treasury 25.75%
The Ecosystem portion is vested for 4 years and used for ecosystem development of contributors, incentives, and DEX liquidity within Arken’s ecosystem.
While the Team, Investor, and Advisors' portions are all vested over 6 years with a 6-month cliff.
While the Team, Investor, and Advisors' portions are all vested over 6 years with a 6-month cliff.
So how do you get your hands on $ARKEN?
The public sale happening on @ArkenFinance's website.
The sale will take place on Arbitrum between April 3rd - April 5th and then $ARKEN liquidity will go live 24 hrs after the sale has finished.
A few notes about the Public Sale:
The public sale happening on @ArkenFinance's website.
The sale will take place on Arbitrum between April 3rd - April 5th and then $ARKEN liquidity will go live 24 hrs after the sale has finished.
A few notes about the Public Sale:
- Public Sale Hard Cap: USD$1,000,000 (split into multiple pools)
- Public Sale Token (and listing) Price: 1 $ARKEN = 0.004 USDC
The sale will be divided into 3 rounds with terms as follows:
- Public Sale Token (and listing) Price: 1 $ARKEN = 0.004 USDC
The sale will be divided into 3 rounds with terms as follows:
1st Round
Allocation: 37,500,000 $ARKEN (15% of token sale allocation)
Start: 3 APR 2023 at 2:00 pm UTC
Claim Lock: no lock
Claim Date: 6 APR 2023 2:00 pm UTC
2nd Round
Allocation: 100,000,000 $ARKEN (40% of token sale allocation)
Start: 4 APR 2023 at 2:00 pm UTC
Allocation: 37,500,000 $ARKEN (15% of token sale allocation)
Start: 3 APR 2023 at 2:00 pm UTC
Claim Lock: no lock
Claim Date: 6 APR 2023 2:00 pm UTC
2nd Round
Allocation: 100,000,000 $ARKEN (40% of token sale allocation)
Start: 4 APR 2023 at 2:00 pm UTC
Claim Lock: 1 week after the initial LP created
Claim Date: 13 APR 2023 at 2:00 pm UTC
3rd Round
Allocation: 112,500,000 $ARKEN (45% of token sale allocation)
Start: 5 APR 2023 at 2:00 pm UTC
Claim Lock: 2 weeks after the initial LP created
Claim Lock: 20 APR 2023
Claim Date: 13 APR 2023 at 2:00 pm UTC
3rd Round
Allocation: 112,500,000 $ARKEN (45% of token sale allocation)
Start: 5 APR 2023 at 2:00 pm UTC
Claim Lock: 2 weeks after the initial LP created
Claim Lock: 20 APR 2023
An easy way to summarize this is April 3-5 is the Public Sale and Token Generation begins on April 6
So keep an eye on ArkenFinance as they have a tall order ahead of them and very exciting things in the pipeline.
So keep an eye on ArkenFinance as they have a tall order ahead of them and very exciting things in the pipeline.
This is a paid promotion for ArkenFinance.
The funds will be used to buy ramen and boba to fuel Linn’s ongoing search for alfalfa in my free Newsletter Linn's Leverage.
The funds will be used to buy ramen and boba to fuel Linn’s ongoing search for alfalfa in my free Newsletter Linn's Leverage.
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